Reference is made to the private placement in Opera Software ASA (the "Company") of 10 million new shares issued in connection with a private placement for gross proceeds of NOK 800 million (the “Private Placement”), cf. stock exchange announcement of 27 June 2014.
The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has approved the prospectus of the Company dated 11 August 2014, (the "Prospectus"), for the listing of the 10 million new shares in the Company, with a par value of NOK 0.02 each issued in the Private Placement.
The Prospectus will be published on 12 August 2014 and will be available at the following websites: www.opera.com and www.abgsc.com. Hard copies of the Prospectus may be obtained by contacting ABG Sundal Collier Norge ASA (+47 22 01 60 00).
Settlement of the new shares took place on 2 July 2014 and the new shares were registered on a separate ISIN in anticipation of the approval and publication of the Prospectus. The new shares will become tradable when the Prospectus is published, and the Placement Shares have been registered in the VPS under the Company's ordinary ISIN, expected to take place on 12 August 2014. Participants in the Private Placement have, however, been able to trade the shares subscribed for in the Private Placement, due to the Company having entered into a loan agreement with existing shareholders.
ABG Sundal Collier Norge ASA and Morgan Stanley & Co. International plc to have acted as Joint Global Coordinators and Joint Bookrunners, and DNB Markets, a part of DNB Bank ASA, and Goldman Sachs International have also acted as Joint Bookrunners in connection with the Private Placement.
For more information, please refer to the Prospectus.
This information is subject of the disclosure requirements acc. to section 5-12 of the Norwegian Securities Trading Act.
Petter Lade, Investor Relations
Tel: +47 2369 2400
About Opera SoftwareOpera enables more than 350 million internet consumers worldwide to connect with the content and services that matter most to them and more than 130 mobile operators to deliver the very best possible internet experience to their subscriber base. 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 700 million.