Exercise of employee share options in Opera Software ASA
1. Participants in the Company’s share option program have on September 24th 2012 exercised a total number of 99 027 options. Following the exercise, 99 027 shares will be transferred from Opera Software’s holding of own shares. Subsequent to the transaction Opera Software ASA holds 529 686 own shares.
2. Options exercised by primary insiders September 24th 2012:
Marianne Blystad has exercised 10 000 options in the Company, corresponding to 10 000 shares at the strike price of NOK 24.12.
Joakim Kasbohm has exercised 7 000 options in the Company, corresponding to 7 000 shares at the strike price of NOK 12.21 and 1 750 options in Company, corresponding to 1 750 shares at the strike price of NOK 14.06.
Karl Anders Øygard has exercised 2 500 options in the Company, corresponding to 2 500 shares at the strike price of NOK 16.06.
Anthony Nichols has exercised 1 500 options in the Company, corresponding to 1 500 shares at the strike price of NOK 16.06.
Rikard Gillemyr has exercised 50 000 options in the Company, corresponding to 50 000 shares at the strike price of NOK 12.21.
3. Transfer of rights
On September 24th 2012, the primary insiders mentioned below transferred their rights to receive shares resulting from the exercise of options to a third party. The payment was determined based on a selling price of NOK 35,2962 per right.
Joakim Kasbohm has transferred 8 750 rights
Karl Anders Øygard has transferred 2 500 rights
Anthony Nichols has transferred 1 500 rights
Rikard Gillemyr has transferred 50 000 rights
4. New holding
After exercising options, Marianne Blystad holds 30 000 unexercised options in the Company, corresponding to 30 000 shares at the strike price of NOK 24.12. As of today the primary insider holds 10 000 shares in the Company.
After exercising options, Joakim Kasbohm holds 15 000 unexercised options in the Company, corresponding to 15 000 shares at the strike price of NOK 21.42, 40 000 unexercised options in the Company, corresponding to 40 000 shares at the strike price of NOK 27.30. As of today the primary insider holds 2 777 shares in the Company.
After exercising options, Karl Anders Øygard holds 3 500 unexercised options in the Company, corresponding to 3 500 shares at the strike price of NOK 16.06, 20 000 unexercised options in the Company, corresponding to 20 000 shares at the strike price of NOK 21.42, 40 000 unexercised options in the Company, corresponding to 40 000 shares at the strike price of NOK 27.30 and 10 000 unexercised options in the Company, corresponding to 10 000 shares at the strike price of NOK 27.36. As of today the primary insider holds holds 200 shares in the Company and in addition holds 753,931 shares in Opera Software through Villemhaugen Invest AS that is owned by Karl Anders Øygard with 100%.
After exercising options, Anthony Nichols holds 2 100 unexercised options in the Company, corresponding to 2 100 shares at the strike price of NOK 16.06, 15 000 unexercised options in the Company, corresponding to 15 000 shares at the strike price of NOK 21.42, 40 000 unexercised options in the Company, corresponding to 40 000 shares at the strike price of NOK 27.30.
After exercising options, Rikard Gillemyr holds 60 000 unexercised options in the Company, corresponding to 60 000 shares at the strike price of NOK 11.46, 150 000 unexercised options in the Company, corresponding to 150 000 shares at the strike price of NOK 12.21, 225 000 unexercised options in the Company, corresponding to 225 000 shares at the strike price of NOK 21.42, 100 000 unexercised options in the Company, corresponding to 100 000 shares at the strike price of NOK 27.30 and 250 000 unexercised options in the Company, corresponding to 250 000 shares at the strike price of NOK 37.80 As of today the primary insider holds 360 000 shares in the Company.
Petter Lade, Investor Relations
Tel: +47 23 69 24 00
Opera Software ASA has redefined Web browsing for PCs, mobile phones and
other networked devices. Opera's cross-platform Web browser technology
is renowned for its performance, standards compliance and small size,
while giving users a faster, safer and more dynamic online experience.
Opera Software is headquartered in Oslo, Norway, with offices around the
world. The company is listed on the Oslo Stock Exchange under the ticker
symbol OPERA. Learn more about Opera at http://www.opera.com.