Successful closing of the Transaction

Oslo, 4 November 2016
Reference is made to the stock exchange announcements made on 31 October 2016 regarding CFIUS approval and Transaction closing.
 
Opera Software ASA (“Opera” or the “Company”) is pleased to announce that the transaction between Opera Software ASA and Golden Brick Capital Private Equity Fund I L.P. (the “Buyer”) on the sale and purchase of Opera's consumer business for $575 million (the “Transaction”) has been successfully closed. 
 
“This has been a long process, but we strongly believe the Transaction provides a great outcome for the consumer business and the remaining parts of Opera. We see an exciting future for Opera Mediaworks, Apps & Games, Opera TV, Skyfire and SurfEasy, which are now well-positioned for growth with a strong financial backbone.” says Lars Boilesen, CEO of Opera.

Opera will report 3Q 2016 numbers on 10 November 2016, and will report the consumer business as discontinued operations. Use of proceeds from the Transactions will be announced at the 3Q 2016 presentation.

Petter Lade, Investor Relations  

Tel: +47 2369 2400