Statement re Potential Acquisition

RNS Number : 7988A

Opera Investments plc

01 October 2015

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

1 October 2015

Opera Investments plc

Potential Acquisition of SoloPower Systems Holdings, Inc. (the "Acquisition")

On 20 July 2015, the Company announced that it had reached a heads of terms agreement to acquire all of the issued share capital of SoloPower Systems Holdings, Inc.  The transaction documentation is at an advanced stage and the Company hopes to present the Acquisition proposals to shareholders for approval within the next month.  Shareholders should note that there remain a number of matters that the Acquisition is conditional upon to be successfully completed in due course.

Further announcements in relation to the Acquisition will be made as soon as appropriate.

Enquiries:

Opera Investments plc, Paul Dudley, Tel: [phone]

Buchanan (PR), Ben Romney, Tel: [phone]

This announcement has been issued by and is the sole responsibility of Opera.

 

END

 

 

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