Statoil's share saving plan allocates shares

April 18, 2018 07:31 CEST

The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 13 April 2018 for use in the group's Share Saving Plan have on 18 April 2018 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 8,691,855 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 198.83 per share. Details on allocation of shares are set forth in the below table.

This information is subject of the disclosure requirements pursuant to 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

420

 

8,017

 

8,017

Bacher, Lars Chr.

Executive
vice president

318

 

24,969

 

24,969

Di Valerio, Ingrid E.

Member of
the board of directors

90

 

4,960

 

4,960

Dodson, Timothy

Executive
vice
president

326

 

           29,197

 

29,197

Gjærum, Reidar

Senior
vice
president

240

 

33,251

445

33,696

Hegge, Hans Jakob

Chief Financial
Officer

288

90

29,648

4,367

34,025

Hika, Gemetchu

Company
secretary

80

 

1,754

 

1,754

Hovden, Magne

Senior vice
president

231

 

19,252

 

19,252

Jacobsen, Jon Arnt

Senior vice
president
corporate
audit

294

 

22,454

 

22,454

Kvelvane, Ørjan

Senior vice
president

136

 

6,449

 

6,449

Labråten, Per-Martin

Member of the
board of directors

45

 

1,576

 

1,576

Nilsson, Jannicke

Chief Operating
Officer

269

98

23,062

17,175

40,237

Rummelhoff, Irene

Executive vice
president

267

 

25,916

407

26,323

Skeie, Svein

Senior vice
president

190

105

23,977

6,430

30,407

Sætre, Eldar

President and
Chief Executive
Officer

438

 

58,815

 

58,815

Siv Helen Torstensen

Vice president

158

70

5,444

1,666

7,110

Økland, Jens

Executive vice
president

258

 

18,123

 

18,123

Øvrum, Margareth

Executive vice
president

341

101

50,585

8,104

58,689