Statoil: Notifiable trading
STAVANGER, NORWAY -- (Marketwire) -- 03/25/13 -- The following
primary insiders have on 25 March acquired shares in Statoil ASA
(OSE:STL, NYSE:STO) at share price of NOK 143.09 in connection with
the company's long-term incentive program.
The long-term incentive program 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 share holding
is listed in the table below. The trade has been made through DNB
Name Acquired shares New share holding
Bacher, Lars Christian 2,180 16,943
Dodson, Timothy 2,564 18,850
Gjaerum, Reidar 1,543 18,093
Haugland, Arild J. 1,351 13,288
Hovden, Magne Andre 1,453 6,726
Klouman, Hans Henrik 2,634 14,071
Lund, Helge 6,590 60,049
Michelsen, Oystein 2,668 22,827
Nafstad, Hilde 1,089 4,690
Reitan, Torgrim 2,326 19,161
Skeie, Svein 1,240 14,552
Saetre, Eldar 2,659 24,977
Thomsen, Kare 1,145 16,668
Ovrum, Margareth 2,941 30,767
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
The following primary insider in Statoil ASA has sold shares in
Benedikte Bjorn, company secretary in Statoil ASA, has on 25 March
2013 sold 284 shares in Statoil ASA at a price of NOK 142.90 per
share and will after the
sale hold 948 shares in Statoil ASA.
This information is subject of the disclosure requirements pursuant
4-1 and 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
(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
4035 Stavanger, Norway
T. +47 51 99 00 00
F. +47 51 99 00 50
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