STAVANGER, NORWAY--(Marketwire - Jan 17, 2013) - The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2013 for use in the group's share saving plan have on 17 January 2013 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 2010.
Following this, the share saving plan has 6,233,661 shares.
As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2010, at a price of NOK 142.31 per share.
Name Allocated shares New share holding Adams, Robert 752 8,283 Bacher, Lars Christian 1,048 14,763 Bjørn, Benedikte Bettina 101 1,232 Dodson, Timothy 733 16,286 Gjærum, Reidar 774 16,550 Haugland, Arild J. 526 11,937 Hovden, Magne Andre 518 5,273 Iversen, Einar Arne 255 4,207 Lund, Helge 2,380 53,459 Michelsen, Øystein 1,140 20,159 Nafstad, Hilde Merete 406 3,601 Reitan, Torgrim 707 16,835 Sjøblom, Tove Stuhr 327 8,244 Skeie, Svein 761 13,312 Svaan, Morten 325 3,160 Sætre, Eldar 913 22,318 Thomsen, Kåre 745 15,523 Øvrum, Margareth 1,250 27,826
The above information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Statoil via Thomson Reuters ONE