Statoil
oslo : STL

December 13, 2011 12:20 ET

Statoil : Notifiable trading

STAVANGER, NORWAY--(Marketwire - Dec 13, 2011) -



The shares purchased by DNB on behalf of Statoil (OSE:STL, NYSE:STO) on 9 December 2011 for use in the group's share saving plan have on 13 December 2011 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 7,925,902 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 137.56.


Name                   Allocated shares   New share holding

 Adams, Robert                       606                5777

 Bjørn, Benedikte                     95                 813

 Dodson, Timothy                     671               11528

 Gjærum, Reidar                      514               12786

 Iversen, Einar Arne                 170                3462

 Klouman, Hans Henrik               1109                7945

 Knight, John                       1200               27967

 Lund, Helge                         299               41647

 Mellbye, Peter                      651               20977

 Michelsen, Øystein                  738               14204

 Reitan, Torgrim                     469               12094

 Skeie, Svein                        509                9777

 Svaan, Morten                       212                2235

 Thomsen, Kåre                       491               12211

 Margareth Øvrum                     815               21309

This information is subject of the disclosure requirements acc. to §5- 12 vphl (Norwegian Securities Trading Act)

Also, as participants in the share saving plan, the Statoil Fuel & Retail primary insiders below have been allocated shares at an average price of NOK 150.67.

 Name                 Allocated shares   New share holding

 Hoff, Marthe                       68                3994

 Jacobsen, Jon Arnt                153               18883


This information is subject of the disclosure requirements acc. to § 4-1 vphl (Norwegian Securities Trading Act)







This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE

[HUG#1571121]

Contact Information

  • Lars Troen Sorensen
    senior vice president for investor relations,
    +47 51 99 77 90
    +47 90 64 91 44

    Geir Bjornstad
    vice president for investor relations in the USA,
    +1 203 978 6950
    +1 203 570 5757