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Hungarian oil and gas Mol Rt will sell its remaining 1.4 million treasury shares to BNP Paribas SA, Mol announced on the website of the Budapest Stock Exchange (BÉT).The deal will be made through the BÉT, with ING Bank (Hungary) Rt managing the transaction.
Mol and BNP signed option agreements simultaneously with the transfer agreement, under which Mol will obtain an American option for the stake, while BNP will have a European option for the same stocks. Both options expire on December 16, 2006, and the option price is the same as the current transfer.