Jakob Stausholm has informed that he will resign from his position as member of the board of directors in Statoil ASA (OSE: STL, NYSE: STO) with immediate effect in order to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group. Stausholm takes up his new position as from 1 December 2016. The nomination committee in Statoil will commence its search for a new board member, to allow [...]
Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for first 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 8,067,288,300.00 divided [...]
STAVANGER, Norway, Sept. 22, 2016 (GLOBE NEWSWIRE) -- Reference is made to the announcement by Statoil ASA (the "Company", OSE:STL, NYSE:STO) on 23 May 2016 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme. The following oveview sets out the number of Dividend Shares allocated to the primary insiders in the Dividend Issue for the first quarter 2016: * Wenche [...]
Reference is made to the previous announcements by Statoil ASA (the "Company", OSE:STL, NYSE:STO) regarding the Dividend Issue for the first quarter 2016. The subscription period expired on 9 September 2016 and subscriptions were made for a total of 19,969,275 Dividend Shares in the Dividend Issue, reducing the dividend payable by approximately USD 309 million for the Company. Approximately 45% of shareholders' total net [...]
STAVANGER, Norway, Sept. 20, 2016 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 September 2016 for use in the group's Share Saving Plan have on 20 September 2016 been distributed to the employee's in accordance with their savings amount. Following this, the share saving plan has 10,301,895 shares. This information is subject to the disclosure requirements pursuant to [...]
NEW YORK, September 16, 2016 /PRNewswire/ -- Companies in the Major Integrated Oil and Gas space participate in every aspect of the oil and gas business, including discovery, acquisition, production, refining, and distribution of these commodities. Due to its upstream, midstream, and downstream operations, the industry can often weather market downturns and price volatilities. In today's pre-market research [...]
STAVANGER, Norway, Sept. 16, 2016 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 September 2016 purchased 703,884 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 124.20 per share. Before distribution to the employees, the Share saving plan has 10,680,036 shares. This information is subject to the disclosure requirements pursuant to section 5-12 [...]
Reference is made to the announcement made on 29 August 2016 by Statoil ASA (OSE:STL, NYSE:STO) regarding the dividend issue for the first quarter 2016 ("the Dividend Issue"). The subscription price shall, in accordance with the resolution made by the board of directors on 26 July 2016,be equal to the volume-weighted average share price over the last two trading days (8 and 9 September 2016) on Oslo Børs ("Oslo Stock Exchange") of the subscription period for the Dividend Issue, with a deduction of a discount of 5%. The volume-weighted average share price for the respective trading days was NOK 133.23. The subscription price per share is consequently NOK 126.57. For holders of American Depositary Receipt... [...]
This is a correction of the announcement from 07:49 29.08.2016 CEST. Reason for the correction: Corrected amount of Dividend Shares to be issued. Reference is made to the previous announcements by Statoil ASA (OSE:STL, NYSE:STO, the "Company") regarding the resolution made by the annual general meeting on 11 May 2016 to approve the two year scrip dividend programme commencing from the fourth quarter 2015 (the "Scrip [...]
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 announcements by Statoil ASA (OSE:STL, NYSE:STO, the "Company") regarding the resolution made by the annual general meeting on 11 May 2016 to approve the two year scrip dividend programme commencing from the fourth quarter 2015 (the "Scrip Dividend [...]
Reference is made to the previous announcements by Statoil ASA (OSE:STL, NYSE:STO, the "Company") regarding the resolution made by the annual general meeting on 11 May 2016 to approve the two year scrip dividend programme commencing from the fourth quarter 2015 (the "Scrip Dividend Programme") and to distribute a dividend of USD 0.2201 (NOK 1.8255, as announced 17 August 2016) per share for the first quarter of 2016 that [...]
This is a correction of the announcement from 08:02 17.08.2016 CEST. Reason for the correction: The average exchange rate from Norges Bank in the relevant period was not correctly quoted in the original announcement. Statoil (OSE: STL, NYSE: STO) announced 27 April 2016 dividend per share of USD 0.2201 for first quarter 2016. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period [...]