Statoil's share saving plan allocates shares
The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 April 2013 for use in the group's share saving plan have on 17 April 2013 been distributed to the employees in accordance with their savings amount.
Following this, the share saving plan has 7,160,515 shares.
As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 140.33.
|Name||Allocated shares||New share holding|
|Bacher, Lars Christian||385||17,328|
|Bjørn, Benedikte Bettina||46||994|
|Haugland, Arild J.||224||13,512|
|Hovden, Magne Andre||241||6,967|
|Iversen, Einar Arne||93||4,300|
|Klouman, Hans Henrik||385||14,456|
|Knight, John Nicholas||561||40,825|
|Nafstad, Hilde Merete||175||4,865|
As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 17 April 2013, at an average price of USD 25.24:
|Name||Allocated shares*||New share holding*|
*American Depositary Receipts (ADR)
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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