×

Statoil's share saving plan allocates shares

STAVANGER, Norway, Jan. 21, 2016 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2016 for use in the group's share saving plan, have on 20 January 2016 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 2013.

Following this, the share saving plan has 7,903,521 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2013, at a price of NOK 102.70 per share.

Name Allocated
Shares
in January
New total
Statoil
share holding
Bacher Lars Christian 1 192 22 308
Di Valerio Ingrid Elisabeth 320 3 165
Dodson Timothy 824 29 438
Gjærum Reidar 824 25 544
Grønland, Hilde 237 1 353
Hegge, Hans Jakob 1 054 23 908
Hovden Magne Andre 747 12 862
Klouman Hans Henrik 1 191 26 025
Knight John Nicholas 1 834 87 565
Kvelvane Ørjan 426 3 778
Lægreid, Stig 288 1 807
Mathieu Philippe François 545 9 850
Opedal Anders 0 14 511
Reitan, Torgrim 953 29 435
Rummelhoff, Irene 557 17 639
Skeie Svein 949 22 155
Sætre Eldar 894 40 024
Økland, Jens 651 11 386
Øvrum Margareth 1 412 44 033


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

HUG#1980356

CONTACT: Peter Hutton, SVP Investor Relations, mbl: +44 7881 918 792 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524Source:Statoil