MOL MAGYAR OLAJ- ÉS

MOL
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MOL Magyar Olaj es Gázipari Nyilvánosan Muködo Reszvenytársaság : Settlement of option agreements and terms and conditions of new share option agreements

06/23/2022 | 12:16pm

Under the share option agreement executed between MOL and UniCredit Bank AG ("UniCredit") on 28 February 2022 4,594,839 pieces of MOL Series "A" ordinary shares ("Shares") will be physically settled and 34,446,554 pieces of Shares will be cash settled on 27 June 2022. As a result, MOL acquires 4,594,839 Shares.

Under the share option agreement entered into by MOL and UniCredit on 20 June 2022 MOL receives American call options and UniCredit receives European put options in relation to 34,446,554 pieces of Shares with the effective date of 27 June 2022. The maturity date of both the call and put options is 23 June 2023, and the strike price of both options is EUR 7.25762 per Share.

Under the share option agreement executed between MOL and ING Bank N.V. ("ING") on 24 February 2022 1,846,111 pieces of MOL Series "A" ordinary shares ("Shares") will be physically settled and 34,281,056 pieces of Shares will be cash settled on 27 June 2022. As a result, MOL acquires 1,846,111 Shares.

Under the share option agreement entered into by MOL and ING on 20 June 2022 MOL receives American call options and ING receives European put options in relation to 34,281,056 pieces of Shares with the effective date of 27 June 2022. The maturity date of both the call and put options is 23 June 2023, and the strike price of both options is EUR 7.4619 per Share.

As a result of the transactions the number of treasury shares increases by 6,440,950, MOL owns directly and indirectly 19,418,899 "A" Series and 578 "C" Series MOL Ordinary shares.

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MOL plc published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 16:15:05 UTC.

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