József Molnár, Group CEO of Hungarian energy company Mol, has announced he has exercised a cash-settled call option related to Mol ordinary shares under the framework of the long-term management stock option incentive program on 11 January 2019.
Mol said in a statement on the website of the Budapest Stock Exchange (BSE) that the strike price was HUF 1,669 and the settlement price was HUF 3,214 on a total of 144,000 Mol shares. Mol was up by about 0.5% shortly after opening on Tuesday morning.