oslo : STL

February 03, 2012 03:21 ET

Statoil US Employee Share Savings plan allocates shares

STAVANGER, NORWAY--(Marketwire - Feb 3, 2012) -

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 in February 2012:

Date of allocation       Allocated shares*       New share holding*

02 February              101.284091              4718.165569

*American Depositary Receipts (ADR)

In the notification that was published on 04 January, new share holding was incorrectly set at 7085.084955. The correct number was 4616.881478.

This information is subject of the disclosure requirements pursuant to section 5-12 of the 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


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