Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for fourth quarter 2016. The share capital increase related to the Dividend Issue was registered today with the Norwegian Registry of Business Enterprises (Foretaksregisteret). Following the completion of the share capital increase, the share capital of the Company is NOK 8,217,071,082.50, divided [...]
Reference is made to the announcement by Statoil ASA (the "Company", OSE: STL, NYSE:STO) on 6 April 2017 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme for third quarter 2016. Further references are made to the stock market announcements on 20 April and 23 May 2017 regarding allocation to primary insiders of shares under the share saving plan and under the [...]
Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for the fourth quarter 2016. The subscription period expired on 12 June 2017 and subscriptions were made for a total of 20,272,652 Dividend Shares in the Dividend Issue, reducing the dividend payable by approximately USD 334 million for the Company. Approximately 48% of shareholders' total net [...]
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 June 2017 for use in the group's Share Saving Plan have on 19 June 2017 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 9,657,360 shares. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. ...
On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 June 2017 purchased 594,701 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 143.65 per share. Before distribution to the employees, the Share saving plan has 9,975,564 shares. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. ...
Reference is made to the announcement made on 29 May 2017 by Statoil ASA (OSE:STL, NYSE:STO) regarding the dividend issue for the fourth quarter 2016 ("the Dividend Issue"). The subscription price shall, in accordance with the resolution made by the annual general meeting on 11 May 2017, be equal to the volume-weighted average share price over the last two trading days (9 and 12 June 2017) on Oslo Børs ("Oslo Stock [...]
In a meeting in the Corporate Assembly of Statoil ASA (OSE:STL, NYSE:STO) on 6 June 2017 Jon Erik Reinhardsen was elected as new chair of Statoil's board of directors. Chair of the board Øystein Løseth had informed the nomination committee that he did not wish to stand for re-election in 2017, as he wants to return to a career seeking more operational positions. Roy Franklin was re-elected as deputy chair and Wenche Agerup, Bjørn Tore Godal, Rebekka Glasser Herlofsen, Maria Johanna Oudeman and Jeroen van der Veer as members of the board of directors. Jon Erik Reinhardsen has been the Chief Executive Officer of Petroleum Geo-Services (PGS) since 2008. Reinhardsen will leave his position in PGS as of 3... [...]
The nomination committee in Statoil (OSE:STL, NYSE:STO) recommends that the company's corporate assembly elects Jon Erik Reinhardsen as new chair of the board of directors. Furthermore, the nomination committee recommends a re-election of Roy Franklin as deputy chair and Wenche Agerup, Bjørn Tore Godal, Rebekka Glasser Herlofsen, Maria Johanna Oudeman and Jeroen van der Veer as members of the board of directors. Chair of the board Øystein Løseth has informed the nomination committee that he does not wish to stand for re-election in 2017. Løseth has been a member of Statoil's board of directors since 2014 and chair since 2015. Løseth wants to return to a career seeking more operational positions that woul... [...]
NOT FOR RELEASE IN OR INTO CANADA, JAPAN, AUSTRIA, POLAND, ESTONIA, ICELAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE WOULD BE UNLAWFUL Reference is made to the previous announcement by Statoil ASA (OSE:STL, NYSE:STO, the "Company") regarding the resolution of the annual general meeting on 11 May 2017 to approve to continue the two- year scrip dividend programme through third quarter 2017 (the "Scrip Dividend [...]
STAVANGER, NORWAY--(Marketwired - May 25, 2017) - Statoil ASA (OSLO:STL) ("Statoil") announced today that it sold 22,805,892 Common Shares ("Shares") of International Petroleum Corporation ("IPC") (TSX:IPCO)(NASDAQ OMX:IPCO), representing approximately 20.1% of the issued and outstanding Shares. On May 24, 2017 Statoil sold 22,805,892 Shares at a price of C$4.77 per Share, for aggregate proceeds of approximately C$109 [...]
Primary insiders in Statoil ASA (OSE: STL, NYSE: STO) have on 19 May 2017 acquired shares in Statoil ASA at an average price per share of NOK 152.84 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 [...]
Statoil (OSE: STL, NYSE: STO) announced 7 February 2017 dividend per share of USD 0.2201 for fourth quarter 2016. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 15 May 2017, in total seven business days. Average Norges Bank fixing rate for this period was 8.5344. Fourth quarter 2016 dividend per share is consequently NOK [...]