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Mol raises registered capital

Hungarian oil and gas company MOL Rt announced on Friday it raised its registered capital Ft 366.4 million to Ft 108.985 billion through the issue of new shares subscribed by its top managers in a share incentive program. Mol managers exchanged 206 convertible bonds for 366,474 Mol shares, which have a nominal value of Ft 1,000 apiece. The shares have a market value of Ft 8.6 billion.