Form 6-K STATOIL ASA For: Sep 12

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ x ]      Form 40-F [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):       

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):       

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

On September 12, 2016 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(c)     Exhibit 99.1. Press release dated September 12, 2016

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Statoil ASA (Registrant)
Date: September 12, 2016		/s/ HANS JAKOB HEGGE Hans Jakob Hegge Chief Financial Officer

Exhibit 99.1

 

 

Statoil ASA: Subscription price set for the Dividend Issue for the first quarter 2016 under the Scrip Dividend Programme

 

 

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 Receipts, the applicable USDNOK exchange rate has been defined as the average of the Central Bank of Norway's exchange rate over the last two trading days of the Subscription Period for the Dividend Issue. The average exchange rate for these respective days was 8.1732. The subscription price per share for ADR-holders is consequently USD 15.49.

 

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.

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