Otello Corporation ASA

Major Shareholding Notification • Jun 30, 2022

K R T - 1 5 0 0 T e m pla t e f o r n o tific a tio n o f t r a n s a c tio n s b y p e r s o n s dis c h a r gin g m a n a g e rial r e s p o n sibilitie s ( PDM R ) a n d p e r s o n s clo s ely a s s o cia t e d wit h t h e m

6/29/2022 6:16:00 PM AR496367117

The person liable:
PDMR person)	Closely associated person (natural Closely associated person (legal person)
Info about the one who reports
Last name	Scott
First name	Sean
Business name	Sand Gro ve Capital Management LLP
About PDMR
Last name	Kadziolka
First name	Magdalena
Position / role	Board Member
Initial notification or amendment to prior notification
Initial Amendment
	Details about the issuer or emission allowance market participant
Business name	Otello Corporation A S A
LEI number	391200EWTTF186UWWH07

Skjema versjon: 46345

K R T - 1 5 0 0 T e m pla t e f o r n o tific a tio n o f t r a n s a c tio n s b y p e r s o n s dis c h a r gin g m a n a g e rial r e s p o n sibilitie s ( PDM R ) a n d p e r s o n s clo s ely a s s o cia t e d wit h t h e m

6/29/2022 6:16:00 PM AR496367117

Description of the financial instrument/type of instrument
Instrument	Share
ISIN code	NO0010040611
Name of the financial instrument
Nature of the transaction
Transaction type	Acquisition
Share option program
The transaction is linked to an excersise of a share option program		Yes	No
Currency of the transaction
Currency	NOK
Price(s) and volume(s)
Price per unit	25.935
Volume	1 153
Aggregated information
Average price per unit	25.93500
Aggregated volume	1 153
Total amount	29 903.055000
Date of the transaction
Date	6/29/2022
Place of the transaction

Comment

Magdalena Kadziolka, Board member of Otello Corporation A SA, has on behalf of certain related parties, as of 29th June 2022, acquired interests in shares of Otello Corporation A SA. The balance of Magdalena Kadziolka and related parties' holdings after the transaction totals 28,578,826 shares.