Terms and conditions of the share purchase agreement and share option agreements concluded with Unicredit Bank AG on 27 January 2015
MOL Hungarian Oil and Gas Public Limited Company (“MOL”) hereby informs the capital market participants in relation to the announcement as of 28 January 2015 as follows:
Under the Share Purchase Agreement concluded among MOL Investment Ltd., UniCredit and MOL on 27 January 2015 the number of MOL shares to be sold is 1,300,000; and under the share option agreements concluded among MOL and UniCredit on 27 January 2015 MOL receives American call options and UniCredit receives European put options regarding 5,380,496 pieces of MOL shares on 13 February 2015.
The strike price of both the call and put options is USD 43.17544 per one share.
As a result of the transactions the number of treasury shares decreases by 1,300,000 pieces of shares. After the settlement which takes place on 13 February 2015 MOL will own directly and indirectly 1,542,147 “A” Series and 578 “C” Series MOL Ordinary shares.