Statoil
oslo : STL

January 17, 2012 12:06 ET

Statoil : Notifiable trading

STAVANGER, NORWAY--(Marketwire - Jan 17, 2012) - The shares purchased by DNB on behalf of Statoil (OSE: STL) (NYSE: STO) on 13 January 2012 for use in the group's share saving plan have on 17 January 2012 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 5,668,614 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2009, at a price of NOK 150.85 per share.

         Name             Allocated shares                New share holding

Adams, Robert                          752                             6529

Bjorn, Benedikte                       105                              918

Dodson, Timothy                        757                            12285

Gjaerum, Reidar                        799                            13585

Iversen, Einar Arne                    244                             3706

Lund, Helge                          2 457                            44104

Mellbye, Peter                         943                            21920

Michelsen, Oystein                   1 175                            15380

Nafstad, Hilde Merete                  407                             2730

Reitan, Torgrim                        821                            12727

Sjoblom, Tove Stuhr                    337                             5877

Skeie, Svein                           725                            10502

Svaan, Morten                          291                             2526

Saetre, Eldar                          943                            18072

Thomsen, Kare                          749                            12960

Ovrum, Margareth                     1 280                            22589

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 bonus shares in accordance with their saving plan in 2009, at a price of NOK 150.85 per share.

        Name                Allocated shares              New share holding

Hoff, Marthe                             384                           4378

Jacobsen, Jon Arnt                     1 036                          19919

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#1578281]

Contact Information

  • Statoil

    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