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Otello Corporation ASA

Transaction in Own Shares Dec 11, 2019

3704_rns_2019-12-11_99b45a70-f57e-4c86-b58a-1ccd898d12ca.html

Transaction in Own Shares

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Mandatory notification of trade

Mandatory notification of trade

On December 10[th], 2019, DNB has, on behalf of Otello Corporation, purchased

1,825 shares for use in the group's employee share purchase plan (ESPP). The

shares have been acquired at a price of NOK 16.4244. The discounted share price

to the employees is NOK 13.1395 per share.

Petter Lade, CFO

Phone: +47 91143878

E-mail: [email protected]

About Otello: Otello holds shares in several different businesses, including (i)

AdColony which helps publishers monetize their content through advertising and

advertisers reach the audiences that build value for their businesses,

capitalizing on a global consumer audience reach that exceeds 2 billion; (ii)

Bemobi, a Mobile Media and Entertainment company which integrate people and

mobile content through technology and offers a leading subscription-based

discovery service for mobile apps in Latin America and beyond; (iii) Skyfire

which offers cloud-based network solutions for mobile operators and (iv) Vewd

which offers OTT services in the Connected TV space.

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