Statoil's share saving plan allocates shares

STAVANGER, Norway, Jan. 17, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2014 for use in the group's share saving plan have on 17 January 2014 been distributed to the employees in accordance with their savings amount.

In addition, bonus shares have been allocated based on participation in the program in 2011.

Following this, the share saving plan has 7,282,552 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2011, at a price of NOK 152.91 per share.

Name Allocated
New share
Adams, Robert 727 10,084
Bacher, Lars Christian 1,021 19,229
Bjørn, Benedikte Bettina 141 1,233
Di Valerio, Ingrid Elisabeth 184 1,962
Dodson, Timothy 911 20,754
Gjærum, Reidar 759 19,717
Klouman, Hans Henrik 1,109 16,439
Knight, John Nicholas 1,787 53,136
Kvelvane, Ørjan 356 2,065
Lund, Helge 442 61,593
Reitan, Torgrim 693 20,994
Skeie, Svein 752 16,305
Øvrum, Margareth 1,204 33,531

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.