Otello Corporation ASA – Buyback of shares
Oslo, 12 April 2021
In reference to the buyback program announced 7 April 2021, Otello Corporation ASA has purchased 109 000 of its own shares. The shares were purchased at an average price of NOK 31,1111 per share.
| Date | Number of shares | Weighted average price |
| 08 April 21 | 55 000 | 31,0062 |
| 09 April 21 | 54 000 | 31,2179 |
Following this transaction, Otello Corporation ASA owns 990 445 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: [email protected]
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.
