Last week, Hungarian oil and gas company MOL announced that it expects that it will settle the option rights with UniCredit Bank for a slightly more than 5 % of its shares, physically and in cash, on 12 January. The strike price of the option is 42.2198 euros.
On 10 January the company announced that it will settle the option agreement physically for 1,721,416 shares and in cash for 3,659,080 shares.
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 800 EUR annually – company licensed
Tags: financial, Hungfary, Mol, share option, UniCredit