Statoil ASA: Announcement of dividend per share for the fourth quarter 2016 in NOK
May 22 2017 - 1:56AM
Statoil (OSE: STL, NYSE: STO) announced 7 February
2017 dividend per share of USD 0.2201 for fourth quarter
2016. The NOK dividend per share is based on average USDNOK fixing
rate from Norges Bank in the period plus/minus three business days
from record date 15 May 2017, in total seven business
days.
Average Norges Bank fixing rate for this period was 8.5344.
Fourth quarter 2016 dividend per share is consequently NOK
1.8784.
Under the scrip dividend programme ("Scrip Dividend Programme")
that was approved to be continued through the third quarter of 2017
by the Annual General meeting 11 May 2017, shareholders will have
the option to receive dividend in newly issued dividend shares. The
subscription period for fourth quarter 2016 will commence on or
around 29 May 2017 and end on or around 12 June 2017. Further
information about the Scrip Dividend Programme will be published in
due course.
Cash dividend (net of any costs of newly issued dividend shares
elected under the Scrip Dividend Programme) will be paid to
shareholders on Oslo Børs on or around 23 June 2017 and to
shareholders on New York Stock Exchange on or around 26 June
2017.
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
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