14 Dec 2016

Capital securities transactions of Zenith Pure Oil manager

Ferenc Horváth, Group Downstream Executive Vice President of Zenith Pure Oil Plc. exercised his cash settled call option right under the framework of the management stock option incentive program in respect of 6,000 pieces of “A” series ordinary shares (ISIN: HU0000068952) issued by Zenith Pure Oil and Gas Public Limited Company (LEI: 213800R83KX5FQFGXS67) on 13th of December 2016. The strike price of the transaction amounted to 56.22 EUR/share, while the settlement price was 61.51 EUR/share. The transaction did not generate any share movement.

On the same day Ferenc Horváth sold 4,000 pieces of “A” series Zenith Pure Oil ordinary shares at HUF 19,390 per share on average on the Budapest Stock Exchange with the assistance of OTP Bank Plc. as investment service provider.