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Otello Corporation ASA

Major Shareholding Notification Dec 13, 2021

3704_mrq_2021-12-13_341c5a71-a20b-438e-9be5-20f2df8b6872.html

Major Shareholding Notification

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Major Shareholding Notification - Melqart Opportunities Master Fund Limited

Major Shareholding Notification - Melqart Opportunities Master Fund Limited

As of 10th December, Melqart Opportunities Master Fund Ltd.’s (the “Fund”) holding in Otello Corporation ASA fell below 5% of voting rights and issued share capital. The Fund holds 3,629,827 shares of Common Stock (NOK 0.02) which represents 3.23% of the issued share capital and voting rights of the Company.

The obligation to disclose was triggered by participation in the company’s share buy-back where the Fund sold 2,755,560 shares. Melqart Asset Management (UK) Ltd acts as Investment Manager for the Fund with full investment and voting discretion.

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