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Notifiable trading 

May 7, 2013, 09:13 CEST

These are supplementary purchases related to the share purchases that were carried out on 25 March.

The long-term incentive programme is a fixed, monetary compensation calculated as a portion of the participant's base salary; ranging from 20 – 30 per cent depending on the individual's position.

On behalf of the participant, the company acquires shares equivalent to the net annual amount. The grant is subject to a three year lock-in period. Number of acquired shares and their new total shareholding is listed in the table below. The trade has been made through DNB Markets.


Name

Acquired
shares

 New share
holding

Bacher, Lars Christian

73

17,401

Dodson, Timothy

169

19,237

Gjærum, Reidar

41

18,400

Haugland, Arild J.

35

13,547

Hovden, Magne Andre

49

7,016

Klouman, Hans Henrik

68

14,524

Lund, Helge

208

60,546

Michelsen, Øystein

89

23,290

Nafstad, Hilde

54

4,919

Reitan, Torgrim

187

19,656

Skeie, Svein

52

14,910

Sætre, Eldar

89

25,355

Øvrum, Margareth

117

31,350

In addition to the supplementary purchase reported above, the following primary insider has on 6 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at a share price of NOK 136.66 in connection with the company's long-term incentive programme.


Name

Acquired
shares

 New share
holding

Knight, John Nicholas

9,261

50,086

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