Budapest bourse listed oil and gas group MOL said it signed an agreement to sell its shares to UniCredit SpA and acquired an option to buy them back. As a result of the transaction, UniCredit owns a total number of 2.9 million MOL shares, the oil company said in a statement. Under the agreement, MOL has a call option and UniCredit a put option for the shares. Both options mature in one year, subject to annual extensions with one year, up to a maximum total tenor of three years, MOL said. The strike price for both the call and the put options is €85.77234 per share, according to the statement. Following the transaction, MOL had 4.5 million Treasury shares.