Financial calendar for Otello Corporation ASA
FINANCIAL YEAR 2021
19.08.2021 - Half-yearly Report
02.06.2021 - Annual General Meeting
21.10.2021 - Quarterly Report - Q3
Following the successful IPO of Bemobi on Bovespa in Brazil, Otello Corporation ASA ("Otello") is now a major shareholder in Bemobi Mobile Tech SA (BMOB3) with an ownership of approximately 36%. Consequently, Bemobi financials will not be consolidated into Otello's accounts going forward but will be booked according to the equity method.
Furthermore, due to Brazilian regulatory requirements, Otello will not be able to provide any financial information for Bemobi prior to Bemobi Brazil reporting their numbers to the Brazilian Stock Exchange. As a result, Otello will not provide a formal Q121 report on the 30th April 2021, but will instead provide a trading update. The closing of Digital Turbine’s acquisition of AdColony is expected to happen around end of April.
Petter Lade, CFO
Phone: +47 91143878
E-mail: petterl@otellocorp.com
This information is published pursuant to the requirements set out in the Continuing obligations.