Statoil
oslo : STL

April 17, 2012 12:18 ET

Statoil : Notifiable trading

STAVANGER, NORWAY--(Marketwire - Apr 17, 2012) -


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

Following this, the share saving plan has 6,425,105 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 154.72.

  Name                       Allocated shares   New share holding

  Adams, Robert                           330                6859

  Bjorn, Benedikte Bettina                 68                 986

  Dodson, Timothy                         284               12569

  Gjaerum, Reidar                         234               13819

  Iversen, Einar Arne                      79                3785

  Knight, John Nicholas                   503               28470

  Klouman, Hans Henrik                    337                8282

  Lund, Helge                             197               44301

  Mellbye, Peter                          365               22285

  Michelsen, Oystein                      340               15720

  Nafstad, Hilde Merete                   148                2878

  Reitan, Torgrim                         310               13225

  Skeie, Svein                            264               10766

  Svaan, Morten                            98                2624

  Saetre, Eldar                           262               18334

  Thomsen, Kare                           228               13188

  Ovrum, Margareth                        367               22956

In the notification that was published on 17 January, new share holding for Torgrim Reitan was incorrectly set at 12,727. The correct number was 12,915.

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

As participants in the share saving plan, the Statoil Fuel & Retail primary insiders below have been allocated shares at an average price of NOK 154.72.

  Name                 Allocated shares   New share holding

  Hoff, Marthe                      137                4515

  Jacobsen, Jon Arnt                306               20225

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

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated the following number of shares on 17 April 2012:

  Name               Allocated shares*   New share holding*

  Maloney, William          111.034392          4918.630131

*American Depositary Receipts (ADR)

This information is subject of the disclosure requirements acc. to §5- 12 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#1603328]

Contact Information

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

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