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Hungarian oil giant's floatation may fall foul of WSE rules

Parkiet has revealed that company representatives are not eager to publish the size of compensation to the supervisory board, which is a condition required by Polish law. The shares in MOL cannot be offered publicly until all the requirements are met. "The Securities and Stock Exchange Commission wants detailed information while MOL is ready to provide only a rough outline of the situation," says a source connected to MOL. Both sides are due to meet this week to see whether it is possible to thrash out a compromise. However, the debut planned for the first week of December will definitely be postponed and it is possible that it may be cancelled altogether. (Parkiet, p. 1) A.K.

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