Oslo, 19 April 2021
In reference to the buyback program announced 7 April 2021, Otello Corporation
ASA has purchased 265 268 of its own shares. The shares were purchased at an
average price of NOK 31,3205 per share.
Date Number of shares Weighted average price
12 April 21 55 000 30,6190
13 April 21 54 230 31,0198
14 April 21 57 500 31,4701
15 April 21 50 029 31,6698
16 April 21 48 509 31,9143
Following this transaction, Otello Corporation ASA owns 1 255 713 of its own
shares.
A detailed overview of all transactions made under the buyback program is
attached.
Petter Lade, CFO
Phone: +47 91143878
E-mail: petterl@otellocorp.com
About Otello:
Otello holds shares in several different businesses, including (i) AdColony
which helps publishers monetize their content through advertising and
advertisers reach the audiences that build value for their businesses,
capitalizing on a global consumer audience reach that exceeds 2 billion; (ii)
Bemobi, a Mobile Media and Entertainment company which integrate people and
mobile content through technology and offers a leading subscription-based
discovery service for mobile apps in Latin America and beyond; (iii) Skyfire
which offers cloud-based network solutions for mobile operators and (iv) Vewd
which offers OTT services in the Connected TV space.