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ING Groepʼs indirect voting rights in MOL fall under 5% disclosure threshold

In Hungary

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Hungarian oil and gas company MOL said it had been informed that ING Groepʼs indirect voting rights in the company slipped under the 5% threshold requiring disclosure, only a day after they rose over the mark, Hungarian news agency MTI reported.

ING Groepʼs indirect voting stake reached 4.997% on July 7, MOL said. On Friday, MOL said it had been informed that ING Groepʼs stake had reached 5.006% on July 6. 

MOLʼs biggest shareholder is the state of Hungary, with a 24.74% stake, according to data last updated on March 21, 2016. Czech energy company CEZ owns 7.35%, OmanOil (Budapest) Limited 7.00%, OTP Bank 5.84% and UniCredit Bank 5.15%.

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