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Otello Corporation ASA

Transaction in Own Shares Mar 9, 2020

3704_dirs_2020-03-09_909d0f7f-1c2a-48cd-a60e-13de331cb301.html

Transaction in Own Shares

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NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-2 OF THE SECURITIES TRADING ACT

NOTIFICATION OF TRANSACTION PURSUANT TO SECTION 4-2 OF THE SECURITIES TRADING ACT

Anooj Unarket, Board member of Otello Corporation ASA, has as of 6th March 2020

purchased, on behalf of certain related parties, 1,008,519 shares in Otello Corporation ASA

(1,000,000 at a price of NOK 15.44 per share and 8,519 at a price of NOK 16.26 per share).

The balance of Anooj Unarket and related parties' holdings after the transaction totals

34,180,334 shares.

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