SOURCE: Statoil

October 19, 2010 07:29 ET

Statoil's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwire - October 19, 2010) -

The shares purchased by DnB NOR on behalf of Statoil (OSE:STL, NYSE:STO) on 15 October 2010 for use in the group's share saving plan have on 19 October 2010 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 6,602,605 shares.

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


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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