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Otello Corporation ASA

Major Shareholding Notification Mar 13, 2025

3704_mrq_2025-03-13_acc42706-216b-4b4a-98c6-877be5ce91f2.html

Major Shareholding Notification

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Sand Grove Capital Management LLP - Large Shareholder Disclosure

Sand Grove Capital Management LLP - Large Shareholder Disclosure

On the 12th March 2025, Sand Grove Capital Management LLP, through Sand Grove Opportunities AS and the Prelude Structured Alternatives Master Fund LP, disposed of the following shares of Otello Corp ASA (NO0010040611):

500,000 shares at 7.36 NOK

292,903 shares at 7.3 NOK

600,000 shares at 7.3 NOK

1,107,740 shares at 7.3259 NOK

Sand Grove Capital Management LLP, through the funds, own 8,100,000 shares, which is equivalent to 9.879% of the total shares outstanding.

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

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