Registration of share capital reduction
Reference is made to the resolution by the annual general meeting on 4 June 2019 where a resolution was passed to reduce the Company’s share capital by cancellation of treasury shares. The share capital reduction has now been registered with the Norwegian Register of Business Enterprises, and the new registered share capital of the Company is NOK 2 769 548,58 and the total share count is 138 477 429. Petter Lade, CFO Phone: +47 91143878 E-mail: petterl@otellocorp.com About Otello: Otello holds shares in several different businesses, including (i) AdColony which