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Statoil's share saving plan allocates shares

STAVANGER, Norway, Dec. 15, 2015 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on the 10th of December 2015 for use in the group's Share Saving Plan have on the 14 December 2015 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 11,009,183 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 135.

Name Allocated shares
in December
New total Statoil share holding
Bacher Lars Christian 944 21 116
Di Valerio Ingrid Elisabeth 238 2 845
Dodson Timothy 804 28 614
Gjærum Reidar 582 24 720
Grønland, Hilde 116 1 116
Hegge, Hans Jakob 530 22 854
Hovden Magne Andre 533 12 115
Klouman Hans Henrik 840 24 834
Knight John Nicholas 1 829 85 741
Kvelvane Ørjan 365 3 352
Lægreid, Stig 0 1 519
Mathieu Philippe François 428 9 305
Opedal Anders 254 14 511
Reitan, Torgrim 763 28 482
Rummelhoff, Irene 432 17 082
Skeie Svein 696 21 206
Sætre Eldar 603 39 130
Økland, Jens 272 10 735
Øvrum Margareth 1 039 37 032


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

HUG#1973528

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