Otello Corporation ASA: Initiating offer to all shareholders of share buy back
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE IMPORTANT NOTICE AT THE END OF THIS COMMUNICATION With reference to the authorization given by the AGM of Otello Corporation ASA (“the Company”) on 2 June 2020 for the company to acquire up to 10% of outstanding shares in the Company valid until the AGM in 2021, as well as the stock exchange notice released on 7 April 2021 initiating a share buyback programme in the Company, the Company hereby launches an offer