Statoil ASA: Result of the Dividend Issue for the fourth quarter 2015
(Thomson Reuters ONE) -
Reference is made to the previous announcements by Statoil ASA (the "Company",
OSE:STL, NYSE:STO) regarding the Dividend Issue for the fourth quarter 2015.
The subscription period expired on 10 June 2016 and subscriptions were made for
a total of 18,298,942 Dividend Shares in the Dividend Issue, reducing the
dividend payable by approximately USD 292 million for the Company. Approximately
43% of shareholders' total net dividend have been used to subscribe for shares
in the Dividend Issue.
The share capital increase relating to the Dividend Issue is expected to be
registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret) on 23 June 2016, following which the Dividend Shares are
expected to be delivered to the subscribers' VPS accounts on 24 June 2016.
The Dividend Shares will be registered with VPS under ISIN NO 0010096985 and
will be traded on Oslo Børs under the Company's trading symbol "STL". Trading of
the new shares will commence on 27 June 2015.
Payment of the cash dividend will be carried out on or around 24 June 2015.
Contact persons:
Peter Hutton, senior vice president for investor relations,
Tel: +44 7881 918 792
Morten Sven Johannessen, vice president for investor relations USA,
Tel: + 1 203 570 2524
This information is subject of the disclosure requirements acc. to § 5-12 vphl
(Norwegian Securities Trading Act)
This announcement and the information contained herein does not constitute or
form a part of, and should not be construed as, an offer for sale or
subscription for or solicitation or invitation of any offer to subscribe for or
purchase of dividend shares or any other securities of the Company and cannot be
relied on for any investment contract or decision.
It may be unlawful to distribute this announcement in certain jurisdictions.
This announcement is not for distribution in any jurisdiction in which prior
registration or approval is required for that purpose. No steps have been taken
or will be taken in any jurisdiction outside of Norway in which such steps would
be required. No competent authority or any other regulatory body has passed upon
the adequacy of this document or approved or disapproved the distribution of
dividend shares outside of Norway. Any representation to the contrary may be a
criminal offense.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Statoil via GlobeNewswire
[HUG#2022641]
Unternehmensinformation / Kurzprofil:
Datum: 23.06.2016 - 07:56 Uhr
Sprache: Deutsch
News-ID 479561
Anzahl Zeichen: 3133
contact information:
Town:
Stavanger
Kategorie:
Business News
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"Statoil ASA: Result of the Dividend Issue for the fourth quarter 2015"
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