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STAVANGER, Norway, Nov. 16, 2016 -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 November 2016 purchased 631,197 shares for use in the group's Share saving plan.
The shares have been acquired at a price of NOK 137.83 per share.
Before distribution to the employees, the Share saving plan has 11,216,000 shares.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
CONTACT: Peter Hutton, SVP Investor Relations, mbl: +44 7881 918 792 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524
