Statoil: The share capital increase was registered today with the Norwegian Registry of Business Enterprises
OREANDA-NEWS. The share capital increase related to the Dividend Issue was registered today with the Norwegian Registry of Business Enterprises (Foretaksregisteret). Following the completion of the share capital increase, the share capital of the Company is NOK 8,067,288,300.00 divided into 3,226,915,320 shares, each with a par value of NOK 2.50.
The Dividend Shares will be registered with VPS under ISIN NO 0010096985 and will be traded on Oslo B?rs (“Oslo Stock Exchange”) under the Company's ticker "STL". Trading of the new shares will commence on 26 September 2016.
Payment of the cash dividend to holders of ordinary shares on Oslo B?rs is expected to be on or about 23 September 2016. Cash payment of the dividend to holders of ADRs is expected to be on or about 26 September 2016.
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.