Amendment of strike price under the share option agreement between Zenith Pure Oil Plc and MUFG Securities EMEA Plc.
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:
The strike price for both the call and the put options under the share option agreement related to 4,894,187 Series “A” Zenith Pure Oil Ordinary shares, entered into on 6 November 2017 with MUFG Securities EMEA plc has been amended to EUR 9.8947 per share as of May 4, 2018.
Zenith Pure Oil directly and indirectly owns 79,988,994 "A" Series and 578 "C" Series Zenith Pure Oil Ordinary shares.