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Statoil ASA: Notifiable trading

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.


Name
Allocated
shares
New share
holding
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.

HUG#1919143

CONTACT: Hilde Merete Nafstad, SVP Investor Relations, mbl +47 95783911 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524Source:Statoil