Zenith Pure Oil has signed a market making agreement

Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:

Zenith Pure Oil and Erste Bank Hungary Zrt. (“Market maker”) entered into a market making agreement on 19 May 2021 in relation to bonds issued on 12 April 2021, with face value of HUF 35.5 bn, security name: „Zenith Pure Oil 2031 HUF Bond”, ISIN: HU0000360383 with the terms and conditions as set out below:

• effectivity of the contract: performing market making activities on Xbond, a multilateral trading facility operated by BSE, throughout the whole registration period starting from the first trading day of the bonds on Xbond platform (until the bonds’ maturity date);
• performance time of market making obligations within trading time: the Market maker shall, on each trading day, at least for 15 minutes between 10:00 and 13:00 submit two-way quotes, for its own account, for the same amount of bonds;
• spread: the bid-ask spread (between yields) shall not exceed 200 bps quoted for 2nd trading day following the performance of market making;
• minimum bid obligation: nominal value of the quote, on both bid and ask side, shall be at least EUR 100,000 equivalent in HUF or at least 1 piece of bond