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Otello Corporation ASA

Major Shareholding Notification Mar 23, 2020

3704_mrq_2020-03-23_3d3677e8-f0d0-4c7b-8796-a0b60545af50.html

Major Shareholding Notification

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Sand Grove Capital Management LLP - Large Shareholder Disclosure

Sand Grove Capital Management LLP - Large Shareholder Disclosure

Sand Grove Capital Management LLP, through the Sand Grove Opportunities Master Fund LTD and the Sand Grove Tactical Fund LP, acquired 999,719 shares of Otello Corp ASA (NO0010040611) on the 20th March 2020.

Including this transaction, the Sand Grove Opportunities Master Fund LTD and the Sand Grove Tactical Fund LP own 35,180,053 shares which is equivalent to 25.405% of the total shares outstanding.

Sand Grove Capital Management LLP has full voting discretion over this holding.

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