MOL Plc. hereby informs the capital markets participants that it has divested its stake held in MMBF Zrt. after closing the transaction with the MFB Hungarian Development Bank Zrt. (MFB) and Hungarian Hydrocarbon Stockpiling Association (MSZKSZ) and.

According to the sale and purchase agreement which was signed on 7 October 2013 the MFB has acquired 51% shareholding in MMBF from MOL. The remaining 21.46% stake of MOL has been acquired by MSZKSZ.

MMBF is the operator of the 1.9 billion cubic meter capacity gas storage facility established at Algy

© Publicnow - 2014