Statoil ASA: Information relating to the dividend issue for first quarter 2016
(Thomson Reuters ONE) -
Key information relating to the dividend issue (scrip dividend programme) to be
carried out by Statoil ASA (OSE:STL, NYSE:STO) in relation to payment of
dividend for first quarter 2016.
Date on which the terms and conditions of the dividend issue were announced: 27
July 2016
Last day including right: 9 August 2016
Ex-date: 10 August 2016
Record Date: 11 August 2016
Date of approval: 26 July 2016
Maximum number of new shares: 160,000,000
Subscription price: For shareholders on Oslo Stock Exchange (Oslo Børs) the
subscription price shall be set to the volume-weighted average share price on
Oslo Stock Exchange of the last two trading days of the subscription period for
the dividend issue, with a deduction for a discount of 5%. The subscription
price may not be lower than NOK 50 or higher than NOK 500 per share. For ADR-
holders under the ADR program in the US, the subscription price shall be equal
to the subscription price for the shareholders on Oslo Stock Exchange converted
into USD based on an average of the Central Bank of Norway's USD exchange rate
over the last two trading days of the subscription period. The subscription
price may not be lower than USD 5 or higher than USD 50 per share.
Will the rights be listed: No
Other information:
The subscription period shall commence on or about 29 August 2016. The
subscription period shall be at least 10 business days.
This information is published in accordance with the requirements of the
Continuing Obligations.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
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#2030872]
Unternehmensinformation / Kurzprofil:
Datum: 27.07.2016 - 06:59 Uhr
Sprache: Deutsch
News-ID 485540
Anzahl Zeichen: 2381
contact information:
Town:
Stavanger
Kategorie:
Business News
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