{"header":{"OB_REQUEST_ID":"fad15a92-4578-472a-8786-4600289dbf62","result.val":0,"http.code":200,"result.text":"OK"},"data":{"message":{"id":268352,"messageId":268352,"newsId":222973,"title":"Statoil Fuel & Retail welcomes start of IPO","body":"\n\n\nNOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED\nSTATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE\nDISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.\nPLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.\n\n\nStatoil Fuel & Retail (Ticker: \"SFR\") welcomes today's confirmation by Statoil\nASA of the start of the initial public offering (\"IPO\") of its shares which are\nexpected to be listed on the Oslo Børs on 22 October 2010.\n\n\"Statoil Fuel & Retail serves approximately one million customers every day\nacross eight countries. We have built a business with operations in mature as\nwell as growth markets.  We now welcome the opportunity to become a listed\ncompany, one that continues to deliver value to all our stakeholders --\ncustomers, employees and owners. We really look forward to presenting our\ncompany to investors in the coming days,\" says Jacob Schram, CEO Statoil Fuel &\nRetail ASA.\n\nStatoil Fuel & Retail currently has an interim Board of Directors, but from the\nfirst day of listing the members of the new Board of Directors will be: Birger\nMagnus (chairman), Per Bjørgås, Ann-Charlotte Lundén, Jon Arnt Jacobsen, Marthe\nHoff, Ketil Johannessen (employee representative), Paul Piché (employee\nrepresentative) and Anne Martha Støver (employee representative).\n\nMagnus, Bjørgås, Lundén, Jacobsen and Hoff bring with them expertise from the\nretail/media industry and from Statoil ASA respectively. In addition the\nemployee representatives, Johannessen, Piche and Støver are directly linked to\nthe Statoil Fuel & Retail business.\n\nFor further details of the transaction please seetoday's stock exchange notice\nfrom Statoil ASA on www.statoil.com. For more information about the company\nplease go to www.statoilfuelretail.com.\n\nFor more information, please contact:\nKaren Romer, SVP Communications, Statoil Fuel & Retail ASA\nTel: +47 950 74 950\nEmail : karrom@statoilfuelretail.com\n\n\nAbout Statoil Fuel & Retail\n\nStatoil Fuel & Retail is a leading Scandinavian road transportation fuel\nretailer with over 100 years of operations in the region and leading market\nshare positions in the region in road transportation fuel sales and convenience.\nIn addition to its core Scandinavian business, Statoil Fuel & Retail entered the\nCentral and Eastern European region approximately two decades ago and has\nestablished a strong presence in Poland, Latvia, Lithuania and Estonia. In\nRussia, Statoil Fuel & Retail has a strong position in the fuel retail market in\nthe Murmansk region and enjoys a growing presence in the St.\nPetersburg/Leningrad and Pskov regions. Statoil Fuel & Retail also sells\ntransportation fuel on a wholesale basis to B2B customers and is involved in the\nsale of stationary energy (mainly, heating oil, kerosene and LPG) and marine\nfuel (marine gasoil and heavy fuel) as well as aviation fuel, lubricants and\nchemicals.\n\nAs of 30 June 2010, Statoil Fuel & Retail had an extensive retail network of\n2,290 fuel stations across its eight countries of operations. 1,782 of these\nfuel stations are located in Scandinavia and 508 are located in Central and\nEastern Europe. Statoil Fuel & Retail operates 12 key terminals, approximately\n400 road tankers and approximately 50 smaller depots.  Statoil Fuel & Retail\nalso delivers aviation fuel at 85 airports in ten countries and produces and\nsells 750 different lubricant products.\n\nStatoil Fuel & Retail directly employed 9,256 people on a full-time equivalent\nbasis as at 30 June 2010. In addition, over 10,000 people are employed at\nStatoil-branded franchisee stations.\n\n\n                              *        *        *\n This press release does not constitute an offer to sell or the solicitation of\nan offer to buy any securities of SFR.  The securities mentioned herein have not\n  been, and will not be, registered under the United States Securities Act of\n 1933, as amended (the \"Securities Act\") and may not be offered or sold in the\nUnited States except pursuant to an exemption from the registration requirements\n                             of the Securities Act.\n\n\nSFR has not authorized any offer to the public of its securities in any Member\nState of the European Economic Area other than Norway, Sweden and, Denmark .\nWith respect to each Member State of the European Economic Area other than\nNorway, Sweden and, Denmark  and which has implemented the Prospectus Directive\n(each, a \"Relevant Member State\"), no action has been undertaken or will be\nundertaken to make an offer to the public of SFR's securities requiring a\npublication of a prospectus in any Relevant Member State. As a result, SFR's\nsecurities may only be offered in Relevant Member States:\n\n      (a)        to legal entities which are authorized or regulated to operate\nin the financial markets or, if not so authorized or regulated, whose corporate\npurpose is solely to invest in securities;\n      (b)        to any legal entity meeting two or more of the following\ncriteria: (1) an average of at least 250 employees during the last financial\nyear; (2) a total balance sheet of more than EUR 43 million and (3) an annual net\nturnover of more than EUR 50 million, as shown in its last annual or consolidated\naccounts;\n      (c)        by the managers to fewer than 100 natural or legal persons\n(other than qualified investors as defined in the Prospectus Directive) subject\nto obtaining prior consent of the Joint Global Coordinators for any such offer;\nor\n      (d)        in any other circumstances, not requiring SFR to publish a\nprospectus as provide under Article 3(2) of the Prospectus Directive.\n\nFor the purposes hereof, the expression an \"offer to the public of Shares\" in\nany Relevant Member State means the communication in any form and by any means\nof sufficient information on the terms of the offer and the Shares to be offered\nso as to enable an investor to decide to purchase any securities, as the same\nmay be varied in that Member State by any measure implementing the Prospectus\nDirective in that Member State and the expression \"Prospectus Directive\" means\nDirective 2003/71/EC and includes any relevant implementing measure in each\nRelevant Member State.\n\nThis communication is directed solely at persons (i) who are outside the United\nKingdom, (ii) who have professional experience in matters relating to\ninvestments and who fall within the meaning of Article 19(5) of the Financial\nServices and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the\n\"Order\"), or (iii) who are high net worth entities and other persons to whom\nsuch communication may otherwise lawfully be made falling within Article\n49(2)(A) to (D) of the Order (all such persons together being referred to as\n\"Relevant Persons\"). This communication must not be acted on or relied on by\npersons who are not Relevant Persons. Any investment or investment activity to\nwhich this communication relates is available only to Relevant Persons and will\nbe engaged in only with Relevant Persons. Persons distributing this\ncommunication must satisfy themselves that it is lawful to do so.\n\nIn connection with the Offering, Citigroup Global Markets Limited (the\n\"Stabilizing Manager\") (or persons acting on behalf of the Stabilizing Manager)\nmay over-allot shares or effect transactions with a view to supporting the\nmarket price of the shares at a level higher than that which might otherwise\nprevail. However, there is no assurance that the Stabilizing Manager (or persons\nacting on behalf of the Stabilizing Manager) will undertake stabilization\naction. Any stabilization action may begin on or after the date on which\nadequate public disclosure of the final price of the shares is made and, if\nbegun, may be ended at any time, but it must end no later than 30 days after\nallotment of the shares.\n\nMatters discussed in this document may constitute forward-looking statements.\nThese forward-looking statements are based upon various assumptions.  Although\nwe believe that these assumptions were reasonable when made, these assumptions\nare inherently subject to significant known and unknown risks, uncertainties,\ncontingencies and other important factors that are difficult or impossible to\npredict and are beyond our control.  Such risks, uncertainties, contingencies\nand other important factors could cause the actual events to differ materially\nfrom those expressed or implied by such forward-looking statements.  No\nrepresentation is made that any of these forward-looking statements will come to\npass and you are cautioned not to place any undue influence on any forward-\nlooking statement.  Each of Statoil ASA, SFR, the Joint Bookrunners and their\nrespective affiliates expressly disclaims any obligation or undertaking to\nupdate, review or revise any forward looking statement contained in this\nannouncement whether as a result of new information, future developments or\notherwise.\n\nAny purchase of ordinary shares in the proposed Offering should be made solely\non the basis of the information contained in the final prospectus to be issued\nby SFR in connection with the Offering. No reliance may or should be placed by\nany person for any purposes whatsoever on the information contained in this\nannouncement or on its completeness, accuracy or fairness. The information in\nthis announcement is subject to change.\n\n\nThis information is subject of the disclosure requirements acc. to §5-12 vphl\n(Norwegian Securities Trading Act)\n\n\n[HUG#1449695]\n\n\n\n    ","category":[{"id":1005,"category_no":"INNSIDEINFORMASJON","category_en":"INSIDE INFORMATION"}],"markets":["XOSL"],"issuerId":11206,"correctionForMessageId":0,"correctedByMessageId":0,"issuerSign":"SFR","issuerName":"Statoil Fuel & Retail ASA","instrId":0,"instrumentName":"","instrumentFullName":"","publishedTime":"2010-10-07T05:34:25.467Z","test":false,"numbAttachments":0,"attachments":[],"clientAnnouncementId":"2D54EFEE-88D5-4129-A410-8C19A74E97DF","infoRequired":1,"oamMandatory":1}}}