Exercise of employee share options
Participants in the Company’s share option program have on 7 September 2016 exercised 1,170,725 options, of which 30,000 options were settled in cash.
The payment has been
determined based on a selling price of NOK 53.50 per share.
No primary insiders exercised 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 22,814.50 by issuing 1,140,725 new shares, of par value NOK 0.02. Following the increase, the Company’s share capital is NOK 2,955,754.54 across a total of 147,787,727 shares.
Petter Lade, Investor Relations
Tel: +47 2369 2400
About Opera Software ASA
Opera enables 350 million internet consumers worldwide to connect with the
content and services that matter most to them. Opera also helps publishers
monetize their content through advertising and advertisers reach the audiences
that build value for their businesses, capitalizing on a global consumer
audience reach that exceeds 1 billion.