STAVANGER, Norway, May 6, 2015 (GLOBE NEWSWIRE) -- The following primary insiders have on 5 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at a share price of NOK 159.94 in connection with the company's long-term incentive programme.
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 |
Allocated
shares |
New share
holding |
|
Anfinnsen Tor Martin |
2108 |
11 897 |
|
Bacher Lars Christian |
2309 |
25 076 |
|
Dodson Timothy |
2660 |
27 810 |
|
Gjærum Reidar |
1454 |
24 138 |
|
Hilland Jannicke |
1302 |
12 650 |
|
Hovden Magne Andre |
1378 |
11 582 |
|
Klouman Hans Henrik |
2676 |
23 994 |
|
Knight John Nicholas |
10460 |
83 912 |
|
Mathieu Philippe François |
1123 |
8 877 |
|
Opedal Anders |
2221 |
14 244 |
|
Reitan Torgrim |
2523 |
27 719 |
|
Skeie Svein |
1185 |
20 403 |
|
Sætre Eldar |
8257 |
38 527 |
|
Øvrum Margareth |
2656 |
41 460 |
|
Nylund Arne Sigve |
2402 |
9 261 |
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
HUG#1919143
CONTACT: Hilde Merete Nafstad, SVP Investor Relations,
mbl +47 95783911
Morten Sven Johannessen, VP Investor Relations USA,
mbl +1 203 570 2524
