STAVANGER, NORWAY -- (Marketwire - Jan 17, 2012) - The shares purchased by DNB on behalf of Statoil (OSE: STL) (NYSE: STO) on 13 January 2012 for use in the group's share saving plan have on 17 January 2012 been distributed to the employees in accordance with their savings amount.
Following this, the share saving plan has 5,668,614 shares.
As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2009, at a price of NOK 150.85 per share.
Name Allocated shares New share holding Adams, Robert 752 6529 Bjorn, Benedikte 105 918 Dodson, Timothy 757 12285 Gjaerum, Reidar 799 13585 Iversen, Einar Arne 244 3706 Lund, Helge 2 457 44104 Mellbye, Peter 943 21920 Michelsen, Oystein 1 175 15380 Nafstad, Hilde Merete 407 2730 Reitan, Torgrim 821 12727 Sjoblom, Tove Stuhr 337 5877 Skeie, Svein 725 10502 Svaan, Morten 291 2526 Saetre, Eldar 943 18072 Thomsen, Kare 749 12960 Ovrum, Margareth 1 280 22589
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 bonus shares in accordance with their saving plan in 2009, at a price of NOK 150.85 per share.
Name Allocated shares New share holding Hoff, Marthe 384 4378 Jacobsen, Jon Arnt 1 036 19919
This information is subject of the disclosure requirements acc. to § 4-1 vphl (Norwegian Securities Trading Act)
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(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#1578281]
Contact Information
Statoil 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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