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Statoil ASA: Statoil's share saving plan allocates shares

STAVANGER, Norway, April 20, 2016 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 April 2016 for use in the group's Share Saving Plan have on 19 April 2016 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 8,855,095 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 130.50.

Name Allocated
shares in April
New total Statoil
share holding
Bacher, Lars Christian 118 22 426
Di Valerio, Ingrid E. 135 3 300
Dodson, Timothy 476 29 914
Gjærum, Reidar 338 25 882
Grønland, Hilde A. 110 1 463
Hegge, Hans Jakob 534 24 442
Hovden, Magne Andre 311 13 173
Klouman, Hans Henrik 488 26 513
Kvelvane, Ørjan 207 3 985
Mathieu, Philippe F. 247 10 097
Opedal, Anders 245 14 756
Rummelhoff, Irene 356 17 995
Skeie, Svein 410 22 565
Sætre, Eldar 679 40 703
Øvrum, Margareth 615 44 648

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

HUG#2005009

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