To subscribe for dividend shares, use your reference number and password from the personalised letter you have received. The subscription period starts on 21 November 2016 at 09:00 a.m CET and ends on 2 December 2016 at 23:59 p.m CET.
About the Scrip dividend programme
In May 2016, the Annual general meeting (AGM) approved the introduction of a two-year scrip dividend programme commencing from the fourth quarter of 2015. The Board of Directors considers the dividend policy an important commitment to the company’s shareholders and the dividend policy remains firm.
Anchored in the dividend policy, the Board of Directors propose to introduce a two-year scrip dividend programme commencing from the fourth quarter 2015.
The scrip dividend programme offers shareholders the option to receive all or part of the quarterly dividends in cash or in newly issued shares in Statoil. The scrip dividend programme is envisaged to cover all distributions of dividend until and including the third quarter 2017.
The scrip dividend programme is expected to strengthen Statoil’s financial robustness in a low price environment. This initiative comes in addition to other measures such as strict financial discipline and significant efficiency improvements. Further, the scrip dividend programme is a tool to strengthen Statoil's financial capacity to invest in profitable projects in a low, volatile and uncertain price environment.
Please note that the current scrip dividend subscription period will be from November 21 to December 2, and the link to the subscription form will be shown below for the duration of this period. Shareholders should be aware that Statoil's website will be relaunched during this period, but that the information presented on the scrip dividend will remain the same.