Statoil's share saving plan allocates shares
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 15 January 2018 for use in the group's Share Saving Plan have on 18 January 2018 been distributed to the employees in accordance with their savings amount.
In addition, bonus shares have been allocated based on participation in the program in 2015.
Following this, the share saving plan has 7,962,356 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 185.75 per share. Details on allocation of shares are set forth in the below table.
This information is subject to 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 | 1,558 | 7,597 | 7,597 | ||
| Bacher, Lars Chr. | Executive vice president | 1,091 | 24,400 | 24,400 | ||
| Di Valerio, Ingrid E. | Member of the board of directors | 350 | 4,821 | 4,821 | ||
| Dodson, Timothy | Executive vice president | 1,081 | 35,506 | 35,506 | ||
| Gjærum, Reidar | Senior vice president | 856 | 32,675 | 441 | 33,116 | |
| Hegge, Hans Jakob | Chief Financial Officer | 839 | 362 | 29,071 | 4,234 | 33,305 |
| Hika, Gemetchu | Company secretary | 263 | 1,657 | 1,657 | ||
| Hovden, Magne | Senior vice president | 785 | 18,828 | 18,828 | ||
| Jacobsen, Jon Arnt | Senior vice president corporate audit | 1,116 | 22,160 | 22,160 | ||
| Klouman, Hans Henrik | General counsel | 1,237 | 35,338 | 35,338 | ||
| Knight, John | Executive vice president | 2,642 | 112,543 | 112,543 | ||
| Kvelvane, Ørjan | Senior vice president | 537 | 6,249 | 6,249 | ||
| Labråten, Per-Martin | Member of the board of directors | 173 | 1,516 | 1,516 | ||
| Nilsson, Jannicke | Chief Operating Officer | 775 | 372 | 22,561 | 17,077 | 39,638 |
| Reitan, Torgrim | Executive vice president | 1,123 | 35,784 | 1,574 | 37,358 | |
| Rummelhoff, Irene | Executive vice president | 714 | 25,388 | 407 | 25,795 | |
| Skeie, Svein | Senior vice president | 690 | 334 | 23,545 | 6,261 | 29,806 |
| Sætre, Eldar | President and Chief Executive Officer |
887 | 57,783 | 57,783 | ||
| Siv Helen Torstensen | Vice president | 581 | 274 | 5,233 | 1,580 | 6,813 |
| Økland, Jens | Executive vice president | 450 | 17,657 | 17,657 | ||
| Øvrum, Margareth | Executive vice president | 1,151 | 379 | 49,733 | 7,922 | 57,655 |
