Otovo ASA — Director's Dealing 2021

Dec 13, 2021

Notification of primary insider trades

Notification of primary insider trades

As a result of Otovo’s acquisition of shares in European Distributed Energy Assets Holding AS ("EDEA"), the following primary insiders or close associates to primary insiders have subscribed for shares in Otovo as consideration for sale of their respective shares in EDEA:

AxSol AB (Johan Bergström, Board member): 410,000 shares at NOK 24.7941 per share

Agder Energi Invest AS (Tor Øystein Repstad, Board member): 202,980 at NOK 24.7941 per share

Obos BBL (Ingunn Andersen Randa, Board member): 171,700 at NOK 24.7941 per share

Andmar Operations AS (Andreas Thorsheim, CEO): 170 000 shares at NOK 24.7941 per share

Ragazzi AS (Cecilie Weltz, CEO EDEA): 82,926 at NOK 24.7941 per share

Simvest AS (Simen Fure Jørgensen, CPO): 51,000 at NOK 24.7941 per share

Olivier Aizac, Board member: 51,000 at NOK 24.7941 per share

Lars Ekeland, CFO and General Counsel: 21,080 at NOK 24.7941 per share

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This information is subject to disclosure under the Norwegian Securities Act section §5-12.

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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof. Otovo is a marketplace that organizes hundreds of local, high-quality, and qualified energy installers. The company uses its proprietary technology to analyze the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers.

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