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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Moleculin Biotech Inc | TG:MOL | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Thursday that it has agreed with Credit Agricole Corporate and Investment Bank that the option rights arising out of a share option agreement concluded Dec. 3 2013, regarding 2,129,666 MOL Series "A" ordinary shares, will be cash settled in respect of all the shares Dec. 9 2014. The strike price is 44.9987 euros ($55.5684) per share.
MAIN FACTS:
- Simultaneously, MOL and Credit Agricole signed a share option agreement Dec. 4 2014.
- As a result of the transactions, MOL received an American call option and Credit Agricole received a European put option regarding the 2,129,666 MOL Series "A" Ordinary shares. The maturity of both options is one year.
- The strike price of both call and put option is $48.0967 per one share.
- As a result of the transactions, the number of Treasury shares has not changed. MOL directly and indirectly owns 2,842,147 "A" series and 578 "C" series MOL ordinary shares.
Write to the Budapest bureau at budapest@dowjones.com
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