OREANDA-NEWS. MOL Plc. (“MOL”) hereby informs the capital market participants, that with the effective date of the 20th March, 2016 MOL terminates the Swap Agreement concluded between MOL and Magnolia Ltd. (“Magnolia”) on the 20th March, 2006 and exercises its call option right to purchase 6,007,479 pieces of MOL series “A” ordinary shares at market price set out in the agreement.

Magnolia has decided to redeem its perpetual capital securities exchangeable for ordinary shares of MOL at the principal value of € 610 million with the effective date of the 20th March, 2016.