Statoil’s share saving plan allocates shares

December 12, 2017 08:06 CET | Last modified December 12, 2017 14:27 CET

The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 8 December 2017 for use in the group's Share Saving Plan have on 12 December 2017 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 11,243,234 shares.

As participants in the share saving plan, Statoil’s primary insiders and their close associates have been allocated shares at an average price of NOK 166.85 per share. Details on allocation of shares are set forth in the below table.

The information is subject of the disclosure requirements set forth in section 5-12 of the Norwegian Securities Trading Act.

 

Name

Title

Shares allocated to primary insider

Shares allocated to close associate(s)

New shareholding

primary insider

New shareholding close associate(s)

New total shareholding

Alton, Russell

Senior vice president

908

 

6,039

 

6,039

Di Valerio, Ingrid E.

Member of the board of directors

211

 

4,424

 

4,424

Dodson, Timothy

Executive vice president

792

 

34,053

 

34,053

Gjærum, Reidar

Senior vice president

525

 

31,472

437

31,909

Hegge, Hans Jakob

Chief Financial Officer

 

190

27,919

3,832

31,751

Hika, Gemetchu

Company secretary

126

 

1,380

 

1,380

Hovden, Magne

Senior vice president

483

 

17,849

 

17,849

Jacobsen, Jon Arnt

Senior vice president corporate audit

324

 

21,044

 

21,044

Klouman, Hans Henrik

General counsel

757

 

33,732

1,189

34,921

Kvelvane, Ørjan

Senior vice president

355

 

5,653

 

5,653

Labråten, Per-Martin

Member of the board of directors

78

 

1,329

 

1,329

Nilsson, Jannicke

Chief Operating Officer

 

227

21,545

16,705

38,250

Rummelhoff, Irene

Executive vice president

552

 

24,407

407

24,814

Skeie, Svein

Senior vice president

431

210

22,607

5,864

28,471

Sætre, Eldar

President and Chief Executive Officer

1,249

 

56,279

 

56,279

Siv Helen Torstensen

Vice president

106

78

4,602

1,290

5,892

Økland, Jens

Executive vice president

530

 

17,023

 

17,023

Øvrum, Margareth

Executive vice president

739

215

48,052

7,462

55,514