Reference is made to the stock exchange notice from 22 September 2025 announcing the initiation of the share buyback program for Otello Corporation ASA (the Company). From 24 November 2025 through 28 November 2025, Pareto Securities AS has bought 162,700 shares on behalf of the Company at an average price of NOK 18.03 and a total value of NOK 2,934,205. Since the initiation of this share buyback p...
Reference is made to the stock exchange notice from 22 September 2025 announcing the initiation of the share buyback program for Otello Corporation ASA (the Company). From 17 November 2025 through 21 November 2025, Pareto Securities AS has bought 109,000 shares on behalf of the Company at an average price of NOK 16.67 and a total value of NOK 1,831,883. Since the initiation of this share buyback p...
On the 20th November 2025, Sand Grove Capital Management LLP, through Sand Grove Opportunities AS, the Prelude Structured Alternatives Master Fund LP and the Amundi Sand Grove Event Driven Fund, owns 8,193,278 Otello Corporation ASA shares, which is equivalent to 11.103% of the total shares outstanding (previously 9.879% disclosed on the 13th March 2025). The disclosure obligation occurred followi...
On 15 September 2025, the board of directors of Otello Corporation ASA (the "Company") passed a resolution to reduce the Company's share capital by NOK 163,979, through redemption of in total 8,198,950 treasury shares. The resolution was carried out in accordance with the board authorization set out in clause 7 of the Company's articles of association, cf. section 12-7 of the Norwegian Public Limi...
Otello refers to the stock exchange announcement of 22.09.2025 announcing the share buyback program. Otello hereby updates the market that the board of directors has decided to increase the maximum consideration to be paid for shares acquired under the buyback program to NOK 20 per share.
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