Sand Grove Capital Management LLP - Large Shareholder Disclosure

Sand Grove Capital Management LLP, through the Sand Grove Opportunities Master Fund LTD and the Sand Grove Tactical Fund LP, sold 10,567,027 shares of Otello Corp ASA (NO0010040611) on the 6th September 2021 as part of the share buy back offer.

Also, on the 6th September 2021, Sand Grove Capital Management, through the Sand Grove Opportunities Master Fund LTD and the Sand Grove Tactical Fund LP, acquired 509,362 shares of Otello Corp ASA (NO0010040611).

Including these transactions, the Sand Grove Opportunities Master Fund LTD and the Sand Grove Tactical Fund LP own 25,395,691 shares which is equivalent to 20.357% of the total shares outstanding.
Sand Grove Capital Management LLP has full voting discretion over this holding.