oslo : STL

April 18, 2013 01:54 ET

Statoil's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwired - Apr 18, 2013) - The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 April 2013 for use in the group's share saving plan have on 17 April 2013 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 7,160,515 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 140.33.

Name                            Allocated shares        New share holding

Adams, Robert                   330                     8,613

Bacher, Lars Christian          385                     17,328

Bjørn, Benedikte Bettina        46                      994

Dodson, Timothy                 218                     19,068

Gjærum, Reidar                  266                     18,359

Haugland, Arild J.              224                     13,512

Hovden, Magne Andre             241                     6,967

Iversen, Einar Arne             93                      4,300

Klouman, Hans Henrik            385                     14,456

Knight, John Nicholas           561                     40,825

Kvelvane, Ørjan                 36                      1,421

Lund, Helge                     289                     60,338

Michelsen, Øystein              374                     23,201

Nafstad, Hilde Merete           175                     4,865

Reitan, Torgrim                 308                     19,469

Skeie, Svein                    306                     14,858

Svaan, Morten                   113                     3,273

Sætre, Eldar                    289                     25,266

Øvrum, Margareth                466                     31,233

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 17 April 2013, at an average price of USD 25.24:

Name                           Allocated shares*       New share holding*

Maloney, William               438.509551              30,148.959462

*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


Contact Information

  • Hilde Merete Nafstad
    SVP Investor Relations
    mbl +47 95783911

    Morten Sven Johannessen
    VP Investor Relations USA
    mbl +1 203 570 2524