Statoil

oslo : STL


December 13, 2012 01:40 ET

Statoil's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwire - Dec 13, 2012) - The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 December 2012 for use in the group's share saving plan have on 12 December 2012 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 8,675,317 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 144.66.


                             Allocated   New share
  Name                          shares     holding

  Adams, Robert                    672       7,531

  Bacher, Lars Christian           340      13,715

  Bjørn, Benedikte Bettina         145       1,131

  Dodson, Timothy                  607      15,553

  Gjærum, Reidar                   499      15,776

  Iversen, Einar Arne              167       3,952

  Klouman, Hans Henrik             723      11,437

  Knight, John Nicholas          1,090      40,264

  Lund, Helge                      423      51,079

  Michelsen, Øystein               727      19,019

  Nafstad, Hilde Merete            317       3,195

  Reitan, Torgrim                  661      16,128

  Skeie, Svein                     566      12,551

  Svaan, Morten                    211       2,835

  Sætre, Eldar                     561      21,405

  Thomsen, Kåre                    486      14,778

  Øvrum, Margareth
                                   784      26,576

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 12 December 2012, at an average price of USD 24.65:


                           Allocated       New share
  Name                       shares*        holding*

  Maloney, William                         878.142990   18,131.903915

*American Depositary Receipts (ADR)

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

[HUG#1664575]

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