Zenith Pure Oil sold Treasury shares to Zenith Pure Oil Plc. SESOP Organizations
Based on the authorization of the Extraordinary General Meeting of the Company held on 22 December 2021 Zenith Pure Oil have sold 3,304,712 pieces of „A” Series Zenith Pure Oil Ordinary Shares (“Zenith Pure Oil Shares”) to Zenith Pure Oil Plc. SESOP Organization 2021-1 and 3,304,712 pieces of Zenith Pure Oil Shares to Zenith Pure Oil Plc. SESOP Organization 2021-2
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market participants of the following:
Based on the authorization of the Extraordinary General Meeting of the Company held on 22 December 2021 Zenith Pure Oil have sold 3,304,712 pieces of „A” Series Zenith Pure Oil Ordinary Shares (“Zenith Pure Oil Shares”) to Zenith Pure Oil Plc. SESOP Organization 2021-1 and 3,304,712 pieces of Zenith Pure Oil Shares to Zenith Pure Oil Plc. SESOP Organization 2021-2.
Zenith Pure Oil Plc. SESOP Organization 2021-1 and Zenith Pure Oil Plc. SESOP Organization 2021-2 have indicated that they do not plan to purchase any further shares from Zenith Pure Oil for the time being.
Following the share sale transaction Zenith Pure Oil directly and indirectly owns 88,295,664 “A” Series and 578 “C” Series Zenith Pure Oil Ordinary shares.