Exercise of employee share options in Opera Software ASA

1. Participants in the Company's share option program have on March 12th 2013 exercised a total number of 223 899 options.

2. Options exercised by primary insiders March 12th 2013:

Christian Uribe has exercised 5 250 options in the Company, corresponding to 5 250 shares at the strike price of NOK 16.06.

Halvor Helgø has exercised 14 400 options in the Company, corresponding to 3 500 shares at the strike price of NOK 15.76, 7 000 shares at the strike price of NOK 21.86 and 3 900 shares at the strike price of NOK 27.36.

Lars Aarhus has exercised 1 100 options in the Company, corresponding to 1 100 shares at the strike price of NOK 16.06.

Malin Rundberg has exercised 2 100 options in the Company, corresponding to 2 100 shares at the strike price of NOK 16.06.

Rikard Gillemyr has exercised 25 000 options in the Company, corresponding to 25 000 shares at the strike price of NOK 11.46.

Tami Weiss has exercised 1 500 options in the Company, corresponding to 1 500 shares at the strike price of NOK 27.36.

Thomas Bullen has exercised 2 000 options in the Company, corresponding to 2 000 shares at the strike price of NOK 27.36.

Erik Harrell has exercised 2 000 options in the Company, corresponding to 2 000 shares at the strike price of NOK 11.46.

Tove Selnes exercised 10 000 options in the Company, corresponding to 10 000 shares at the strike price of NOK 24.16.

Mahi de Silva exercised 43 749 options in the Company, corresponding to 43 749 shares at the strike price of NOK 28.62.




3. Transfer of rights
On March 12th 2013, the primary insiders 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 the shares in the market. Still, primary insiders cannot be held liable for losses incurred by the third party if the shares are later sold below
the strike price. Final compensation for the transferred rights will be reported to Oslo Børs when known.

Christian Uribe has transferred 5 250 rights.
Halvor Helgø has transferred 14 400 rights.
Lars Aarhus has transferred 1 100 rights.
Malin Rundberg has transferred 2 100 rights.
Rikard Gillemyr has transferred 25 000 rights.
Tami Weiss has transferred 1 500 rights.
Thomas Bullen has transferred 2 000 rights.
Erik Harrell has transferred 2 000 rights.
Tove Selnes has transferred 10 000 rights.
Mahi de Silva has transferred 43 749 rights.



4. Purchase of shares

On 12th of March 2013, the primary insiders mentioned below entered into an agreement to use 100 % of the compensation mentioned in item 3 to purchase shares. When known, the final number of shares, along with the compensation, will be reported to Oslo Børs.


5. New holding

After exercising options, Christian Uribe holds 10 000 unexercised options in the Company, corresponding to 10 000 shares at the strike price of NOK 21.42.

After exercising options, Halvor Helgø holds 82 100 unexercised options in the Company, corresponding to 10 000 shares at the strike price of NOK 21.42, 30 000 shares at the strike price of NOK 27.30, 2 100 shares at the strike price of NOK 27.36 and 40 000 shares at the strike price of NOK 35.00. As of today the primary insider holds 2 065 shares in the Company.

After exercising options, Lars Aarhus holds 11 000 unexercised options in the Company, corresponding to 1 000 shares at the strike price of NOK 16.06, and 10 000 shares at the strike price of NOK 21.42. As of today the primary insider holds 32 117 shares in the Company.

After exercising options, Malin Rundberg holds no unexercised options in the Company.

After exercising options, Rikard Gillemyr holds 710 000 unexercised options in the Company, corresponding to 35 000 shares at the strike price of NOK 11.46, 150 000 shares at the strike price of NOK 12.21, 225 000 shares at the strike price of NOK 21.42, 100 000 shares at the strike price of NOK 27.30 and 200 000 shares at the strike price of NOK 37.80. As of today the primary insider holds 360 000 shares in the Company.

After exercising options, Tami Weiss holds 57 100 unexercised options in the Company, corresponding to 15 000 shares at the strike price of NOK 21.42, 40 000 shares at the strike price of NOK 27.30 and 2 100 shares at the strike price of NOK 27.36.

After exercising options, Thomas Bullen holds 8 000 unexercised options in the Company, corresponding to 8 000 shares at the strike price of NOK 27.36.

After exercising options, Erik Harrell holds 721 000 unexercised options in the Company, corresponding to 196 000 shares at the strike price of NOK 11.46, 225 000 shares at the strike price of 21.42 NOK, 100 000 shares at the strike price of 27.30 NOK, 200 000 shares at the strike price of 37.80 NOK. As of today the primary insider holds 77 000 shares in the Company.

Tove Selnes holds 219 000 unexercised options in the Company, corresponding to 95 000 shares at the strike price of NOK 21.42, 14 000 shares at the strike price of NOK 24.16, 60 000 shares at the strike price of NOK 27.30 and 50 000 shares at the strike price of NOK 35.00. As of today the primary insider holds 8 890 shares in the Company.

Mahi de Silva holds 87 502 unexercised options in the Company, corresponding to 87 502 shares at the strike price of NOK 28.62. 


Petter Lade, Investor Relations
Tel: +47 23692400


The worldwide World Wide Web - any device, any platform, any bandwidth,
absolutely anywhere in the world. Opera Software was founded in 1994,
based on the idea that access to the web should be a universal right.
300 million people (and counting) use the Opera web browsers for
computers, mobile phones, TVs and other connected devices. Opera also
delivers tools, distribution, engagement, monetization and market
insights to developers, publishers and brands around the world. We are
passionate about breaking down barriers, so everyone can share in the
power of the internet. Our vision of one web for all remains at the
heart of what we do, because we believe that participation changes
everything. 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.

About Us

Opera Software ASA is an industry leader in the development of Web browsers for the desktop, device and mobile markets. The Opera browser has received international recognition from end-users and the industry press for being faster, smaller and more standards-compliant than other browsers, and it has gathered a cult following on the net.

Contacts

  • Opera Software ASA
    Waldemar Thranes gate 98 NO-0175 Oslo
    +47 24 16 40 00
    +47 24 16 40 01

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