Key information relating to cash dividend to be paid by Otello Corporation ASA

The Board of Otello Corporation ASA (OSE: OTEC) has resolved to pay a dividend payment of NOK 21 per share, NOK 1 913 094 309 in total. 

The dividend is resolved pursuant to the Authorization granted by the Annual General Meeting held on 2 June 2022.

Otello Corporation ASA's cash position as of today is approximately 2 090 million NOK.

Key information relating to the cash dividend:

Issuer: Otello Corporation ASA

Dividend amount: 21 NOK per share and 1 913 094 309 NOK in total

Announced currency: NOK

Last day including right: 8 August 2022

Ex-date: 9 August 2022

Record date: 10 August 2022

Payment date: 18 August 2022

Date of approval: 28 July 2022

This information is published in accordance with the requirements of the Continuing Obligations.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com