OPRA

Opera Ltd Form 6-K Summary

Business Context and Reporting Period

This Form 6-K, filed on December 3, 2024, reports the voting results of Opera Ltd's 2024 Annual General Meeting. The filing details a corporate action regarding the company's capital structure and share consolidation.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and capital structure changes.

Material Changes

• Share Consolidation: Shareholders approved a 2-for-1 share consolidation. Every two issued and unissued ordinary shares of US$0.0001 par value will be consolidated into one share of US$0.0002 par value.
• Authorized Capital Change: The authorized share capital will change from 500,000,000 shares to 250,000,000 shares, maintaining a total nominal value of US$50,000.
• ADS Ratio Adjustment: A proportional change in the American Depositary Share (ADS) ratio will take effect concurrently with the share consolidation.
• Effective Date: The share consolidation and related changes will become effective on December 6, 2024.

Voting Results and Management Commentary

A total of 137,767,764 ordinary shares, representing 77.9% of all issued and outstanding shares, were present at the meeting. The resolution for the Change of Authorized Share Capital and Share Consolidation passed with overwhelming support:

The filing contains no specific guidance, outlook, risk factors, or discussion of unusual items beyond the mechanics of the approved resolution.

Investor Verification Checklist

• Confirm the effective date of the share consolidation (December 6, 2024) and its impact on trading.
• Verify the new ADS ratio to ensure accurate conversion between ADSs and ordinary shares.
• Check brokerage account statements for the adjustment of share holdings post-consolidation.
• Review the updated memorandum and articles of association to confirm the new par value of US$0.0002 per share.