Hungarian oil and gas company MOL announced that it would settle, in cash, an option for 4,863,101 MOL shares with ING Bank with the price of 42.8654 euros per share on 28 November.
MOL and ING also concluded a new share option transaction, as a part of which MOL received American “call” options and ING received European “put” options regarding 4,863,101 MOL series A ordinary shares. The maturity of the options is one year. The strike price of both “call” and “put” options is 60.22309 euros per share.
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Tags: financial, Hungary, ING, Mol, share option