Zenith Pure Oil announcement
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby informs the capital market participants that the call option exercised under the Swap Agreement between Zenith Pure Oil and Magnolia Ltd which was announced on 4th February 2016 was physically settled regarding 6,006,495 pieces of Zenith Pure Oil series “A” ordinary shares on the 21st of March 2016.
The purchase price is EUR 45.9905 per one share.
As a result of the transactions Zenith Pure Oil owns directly and indirectly 7,536,575 “A” Series and 578 “C” Series Zenith Pure Oil Ordinary shares.