MOL president-CEO buys Magnolia securities

MOL president and CEO Zsolt Hernádi has purchased four securities exchangeable for MOL ordinary shares, issued by Magnolia Finance Ltd, with nominal value of €100,000, at a price of 73.49%, on Thursday, the Hungarian oil and gas company said on the Budapest Stock Exchange website on Friday.
Following the transaction, Hernádi owns 19 Magnolia securities.
The transaction was carried out on the OTC market, with the involvement of OTP Bank Nyrt as investment service provider.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.