TAVANGER, NORWAY -- (Marketwire - Dec 13, 2011) - The shares purchased by DNB on behalf of Statoil (OSE:STL, NYSE:STO) on 9 December 2011 for use in the group's share saving plan have on 13 December 2011 been distributed to the employees in accordance with their savings amount.
Following this, the share saving plan has 7,925,902 shares.
As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 137.56.
Name Allocated shares New share holding Adams, Robert 606 5777 Bjørn, Benedikte 95 813 Dodson, Timothy 671 11528 Gjærum, Reidar 514 12786 Iversen, Einar Arne 170 3462 Klouman, Hans Henrik 1109 7945 Knight, John 1200 27967 Lund, Helge 299 41647 Mellbye, Peter 651 20977 Michelsen, Øystein 738 14204 Reitan, Torgrim 469 12094 Skeie, Svein 509 9777 Svaan, Morten 212 2235 Thomsen, Kåre 491 12211 Margareth Øvrum 815 21309
This information is subject of the disclosure requirements acc. to §5- 12 vphl (Norwegian Securities Trading Act)
Also, as participants in the share saving plan, the Statoil Fuel & Retail primary insiders below have been allocated shares at an average price of NOK 150.67.
Name Allocated shares New share holding Hoff, Marthe 68 3994 Jacobsen, Jon Arnt 153 18883
This information is subject of the disclosure requirements acc. to § 4-1 vphl (Norwegian Securities Trading Act)
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Source: Statoil via Thomson Reuters ONE [HUG#1571121]
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
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TAVANGER, NORWAY -- (Marketwire - Dec 13, 2011) - The shares purchased by DNB on behalf of Statoil (OSE:STL, NYSE:STO) on 9 December 2011 for use in the group's share saving plan have on 13 December 2011 been distributed to the employees in accordance with their savings amount.
