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Otello Corporation ASA

Major Shareholding Notification Nov 27, 2018

3704_mrq_2018-11-27_ec1bc491-d619-4f08-b9c9-b4a858a7be14.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 acquired 1,000,000 shares of Otello Corp ASA (NO0010040611) on the 26th November 2018.

Including this transaction, the Sand Grove Opportunities Master Fund LTD owns 21,502,443 shares which is equivalent to 15.307% of the total shares outstanding.

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

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