Statoil ASA: Information relating to dividend and scrip dividend programme for second quarter 2017
(Thomson Reuters ONE) -
Key information relating to the cash dividend to be paid by Statoil (OSE:STL,
NYSE:STO) for second quarter 2017.
1. Dividend
Dividend amount: 0.2201
Declared currency: USD
Last day including rights: 31 October 2017
Ex-date: 1 November 2017
Record date: 2 November 2017
Payment date: On or around 15 December at Oslo Stock Exchange (Oslo Børs),
on or around 18 December 2017 at New York Stock Exchange.
Date of approval: 26 July 2017
Other information: Dividend per share in NOK will be communicated 9 November
2017.
2. Scrip dividend programme
With reference to the the scrip dividend programme, approved by the annual
general meeting (AGM) 11 May 2017, shareholders will get the option to receive
the dividend in newly issued shares at a discount. For the dividend issue for
second quarter 2017, the board has set the discount to 5%.
Subscription price: For shareholders on Oslo Børs the subscription price shall
be set to the volume-weighted average share price on Oslo Børs of the last two
trading days of the subscription period for the dividend issue, with a deduction
for a discount of 5%. 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 Børs 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 period shall commence on or about 20 November 2017. The
subscription period shall be at least 10 business days for ordinary
shareholders.
Will the rights be listed: No
Further information on the scrip programme for second quarter 2017 will be
published in due course.
This information is published in accordance with the requirements of the
Continuing Obligations.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Statoil via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 27.07.2017 - 06:56 Uhr
Sprache: Deutsch
News-ID 554091
Anzahl Zeichen: 2600
contact information:
Town:
Stavanger
Kategorie:
Business News
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