OREANDA-NEWS. July 14, 2016. MOL Hungarian Oil and Gas Plc. hereby announces that on 11 July 2016 the Court of Registration registered the capital decrease of MOL, which was decided by the Annual General Meeting held on 14 April 2016. Accordingly, the share capital of MOL decreased from HUF 104,519,063,578 to HUF 102,428,682,578 by the cancellation of 2,090,381 pieces of registered “A” series ordinary shares with a par value of HUF 1,000, owned by the Company (Treasury shares).

Following the cancellation, the share capital of the company is composed of:

  • 102,428,103 “A” series ordinary shares with a par value of HUF 1,000 each
  • 1 “B” series voting preference share with a par value of HUF 1,000 each and
  • 578 “C” series ordinary shares with a par value of HUF 1,001 each.

After the capital decrease MOL owns 5,427,594 “A” series and 578 “C” series ordinary shares (Treasury shares).