The following information is based on a press release from Opera Software ASA (Opera Software) published on February 10, 2016 and may be subject to change.
Golden Brick has announced a cash offer to acquire all outstanding shares of Opera Software, whereby every one (1) Opera Software share held entitles their holder to a cash payment of NOK 71.00 per share. If Opera Software, as a result of the offer, requests for a de-listing of the underlying share or if the trading in the same is considered to be insufficient to support related derivatives trading, NASDAQ Derivatives Markets will (1) set a new expiration day for options, forwards and futures contracts in Opera Software (OPERA) and (2) settle the contracts at Fair Value.
Please note that the historic volatility and dividend estimates determined when the bid was announced are fixed variables for the Fair Value calculation. The underlying share price and interest rate can change until the time of the adjustment and will be published in an Exchange Notice at the time of the adjustment.
For further information, please see the attached file.
