NOT FOR PUBLICATION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO
Gross proceeds from the Offering amount to
The Managers have entered into a share lending agreement (the “Stock Loan”) with certain existing shareholders of the Company (the “Lenders”) and the Offering will be settled with existing shares borrowed under the Stock Loan which will be tradable immediately following settlement, which is expected to occur on or about
In accordance with the Board authorization established at the Company's General Meeting held on
Following the completion of the Offering and the issue of the New Shares, Opera's share capital will increase by
Opera has agreed not to undertake a further issue or sale of ordinary shares or securities convertible into ordinary shares for a period of 90 days following settlement of the Offering with the Managers, subject to customary exceptions.
For further information, please contact:
Tel: +47 2369 2400
Tel: +47 2369 2400
This announcement does not constitute a prospectus or an offer or invitation to purchase securities.
This announcement is only addressed to, and directed at, persons in member states of the European Economic Area ("EEA") who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) as amended, including by the 2010 PD Amending Directive (Directive 2010/73/EU), as and to the extent implemented in the relevant EEA member state, and any relevant implementing measure in the relevant member state.
In addition, in the
These materials are not an offer of securities for sale into
The Offering and the distribution of this announcement and other information in connection with the Offering in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Copies of this announcement are not being made and may not be distributed or sent into the
The price and value of the Opera shares may go up as well as down. Persons needing advice should contact a professional adviser. Past performance cannot be relied upon as a guide to future performance.
The Managers are acting for Opera and for no one else in connection with the Offering and will not be responsible to anyone other than the Company for proving the protections afforded to their respective customers or for affording advice in relation to the Offering, the contents of this announcement or any transaction, arrangement or other matter referred to in this announcement. The Managers may each participate in the Offering on a proprietary basis.
This announcement has been issued by and is the sole responsibility of the Company. Apart from the responsibilities and liabilities, if any, that may be imposed on the Managers by applicable laws, the Managers do not accept any responsibility whatsoever and makes no representation or warranty, express or implied, for the contents of this announcement, including its accuracy, completeness or verification or for any other statement made or purported to be made by the Company, or on the Company's behalf, or by the Managers, or on the Managers behalf, in connection with the Company or the Offering, and nothing in this announcement is or shall be relied upon as a promise or representation in this respect, whether as to the past or future. The Managers each accordingly disclaim to the fullest extent permitted by law all and any responsibility and liability, whether arising in tort, contract or otherwise, which they might otherwise have in respect of this document and any such statement.
Certain statements contained herein that are not statements of historical fact, may constitute forward-looking statements. Forward -looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results or events concerning the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Although Opera has attempted to identify important factors that could cause actual events or results to differ from those described in forward-looking statements contained herein, there can be no assurance that the forward-looking statements will prove to be accurate as actual future events could differ materially from those anticipated in such statements. Some of the factors that could cause or contribute to such differences are described in the Opera Software ASA FY 2013 Annual Report under the heading "Risk Factors".
Except as may be required by applicable law or stock exchange regulation, Opera undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events.
* * * * * * *
Opera 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 500 million.
Opera and Opera Mediaworks are trademarks of
Learn more about Opera at www.opera.com.
This information was brought to you by Cision http://news.cision.com
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