Exercise of employee share options in Opera Software ASA
1. Participants in the Company's share option program have on January
3rd 2014 exercised a total number of 250 006 options.
Following the share option exercise, the Board of Directors, pursuant
to authorization granted by the company`s Annual General Meeting, has
resolved to increase the Company`s share capital by NOK 5 000,12
by issuing 250 006 new shares, of par value NOK 0,02. Following the
increase the Company`s share capital is NOK 2 650 764,76 divided
into 132 538 238 shares.
2. Options exercised by primary insider January 3rd 2014:
Mahi da Silva has exercised 43 751 options in the Company, corresponding
to 43 751 shares at the strike price of NOK 28.40.
3. Transfer of rights
On January 3rd 2014, the primary insider mentioned below
transferred their rights to receive shares resulting from the exercise
of options to
a third party. The sales amount will be finally determined on the
basis of the price subsequently obtained by the third party when selling
shares in the market. Still, primary insiders cannot be held liable
for losses incurred by the third party if the shares are later sold
the strike price. Final compensation for the transferred rights will
be reported to Oslo Børs when known.
Mahi da Silva has transferred 43 751 rights
4. New holding
After exercising options, Mahi da Silva holds 43 751 unexercised options
in the Company, corresponding to 43 751 shares at the strike price of
Petter Lade, Investor Relations
Tel: +47 2369 2400 (http://tel:%2B47%202369%202400)
Opera products enable more than 350 million internet consumers worldwide
to discover and connect with the content and services that matter most
to them, no matter what device, network or location. In turn, we help
advertisers reach the audiences that build value for their businesses.
Opera also delivers products and services to more than 130 mobile
operators around the world, enabling them to provide a faster, more
economical and better network experience to their subscribers. From
family photos and funny videos to business ideas that change the world
economy, the internet has always been about discovery. Whether you are a
consumer getting online for the first time, or a multinational
corporation trying to reach the right audience, Opera can help you
discover more online. Opera Software ASA is listed on the Oslo Stock
Exchange under the ticker symbol OPERA. 'Opera', 'Opera Software',
'Opera Mini' and the 'O' logo are trademarks of Opera Software ASA. All
other trademarks are the property of their respective owners. Learn more
about Opera at www.opera.com.