Proposal from the Nomination Committee to the Extraordinary General Meeting in Otello Corporation ASA to be held on 4 September 2020
STOCK EXCHANGE ANNOUNCEMENT Se vedlagte fil for noe informasjon på norsk. (Oslo, Norway, 28 August 2020) On 14 August 2020, Otello Corporation ASA (“Otello”) announced that an extraordinary general meeting would be held on 4 September 2020 at the request Otello’s largest shareholder, Sand Grove Capital Management LLP (“Sand Grove”). Sand Grove has proposed significant changes to the board by replacing chairman André Christiansen and board member Birgit Midtbust with two new board members nominated by Sand Grove, Randel Freeman and Kathryn Baker. This is despite the fact that