STAVANGER, Norway, May 6, 2015 (GLOBE NEWSWIRE) -- The following primary insiders have on 5 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at a share price of NOK 159.94 in connection with the company's long-term incentive programme.
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.
| Allocated |
| New share |
|Anfinnsen Tor Martin||2108||11 897|
|Bacher Lars Christian||2309||25 076|
|Dodson Timothy||2660||27 810|
|Gjærum Reidar||1454||24 138|
|Hilland Jannicke||1302||12 650|
|Hovden Magne Andre||1378||11 582|
|Klouman Hans Henrik||2676||23 994|
|Knight John Nicholas||10460||83 912|
|Mathieu Philippe François||1123||8 877|
|Opedal Anders||2221||14 244|
|Reitan Torgrim||2523||27 719|
|Skeie Svein||1185||20 403|
|Sætre Eldar||8257||38 527|
|Øvrum Margareth||2656||41 460|
|Nylund Arne Sigve||2402||9 261|
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
CONTACT: Hilde Merete Nafstad, SVP Investor Relations, mbl +47 95783911 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524Source:Statoil