Statoil: Notifiable trading
07.05.2013 | Marketwired
STAVANGER, NORWAY -- (Marketwired) -- 05/07/13 --
The following primary insiders have on 6 May acquired shares in Statoil ASA
(OSE:STL, NYSE:STO) at a share price of NOK 136.66 in connection with the
company's long-term incentive programme.
These are supplementary purchases related to the share purchases that were
carried out on 25 March.
The long-term incentive programme is a fixed, monetary compensation
calculated
as a portion of the participant's base salary; ranging from 20 - 30 per
cent
depending on the individual's position.
On behalf of the participant, the company acquires shares equivalent to the
net
annual amount. The grant is subject to a three year lock-in period. Number
of
acquired shares and their new total shareholding is listed in the table
below.
The trade has been made through DNB Markets.
Name Acquired New share
shares holding
Bacher, Lars Christian 73 17,401
Dodson, Timothy 169 19,237
Gjærum, Reidar 41 18,400
Haugland, Arild J. 35 13,547
Hovden, Magne Andre 49 7,016
Klouman, Hans Henrik 68 14,524
Lund, Helge 208 60,546
Michelsen, Øystein 89 23,290
Nafstad, Hilde 54 4,919
Reitan, Torgrim 187 19,656
Skeie, Svein 52 14,910
Sætre, Eldar 89 25,355
Øvrum, Margareth 117 31,350
In addition to the supplementary purchase reported above, the following
primary
insider has on 6 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at
a
share price of NOK 136.66 in connection with the company's long-term
incentive
programme.
Name Acquired New share
shares holding
Knight, John Nicholas 9,261 50,086
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#1699813]
Hilde Merete Nafstad
SVP Investor Relations
mbl +47 95783911
Morten Sven Johannessen
VP Investor Relations USA
mbl +1 203 570 2524