News // Markets & Stocks
Subscription price set for the Dividend Issue for the fourth quarter 2015 under the Scrip Dividend Programme
14 June 2016 , 15:11Neftegaz.RU572
The company Statoil ASA reported on May 30, 2016
The volume-weighted average share price for the respective trading days was NOK 137.52. The subscription price per share is consequently set at NOK 130.64.
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 8.1783. The subscription price per share for ADR-holders is consequently set at USD 15.97.
This information is subject to the disclosure requirements pursuant to section 5-12 of the 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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