1. Participants in the Company's option and RSU program have on July 8th 2019
exercised 25,000 options and settled 14,742 RSU's. Following the release, 39,742
shares will be transferred from the Company's holding of own shares. Subsequent
to the transaction Otello Corporation ASA holds 2,387,258 own shares.

2. Options exercised and RSU’s released by primary insiders July 8th 2019: 

Jason Arthur Hoida has exercised 25,000 options, which expired, in the Company,
corresponding to 25,000 shares at the strike price of NOK 11.90. 

Lars Boilesen has received 14,742 shares. 

3. Transfer of rights and sale of shares.

On July 8th, 2019, the primary insider mentioned below transferred their rights
to receive shares resulting from the exercise of options to a third party. 

Jason Arthur Hoida has transferred 25,000 rights.

When the participants receive the shares they will be subject to pay salary tax
on the total value of the shares received. In order to cover the taxes the
employees must at minimum sell a predetermined rate of the shares set by Opera.

On July 8th, 2019 the primary insider mentioned below ordered for the received
shares to be immediately sold by a third party.

Lars Boilesen has sold 8,099 shares to cover taxes. 

The sales amount will be finally determined on the basis of the price
subsequently obtained by the third party when selling the shares in the market.
The payment has been determined based on a selling price of NOK 14.8634 per
share.

4. New Holding

After completion of the abovementioned transactions, Jason Arthur Hoida holds
280,000 unexercised options in the Company. As of today the primary insider
holds 8,579 shares in the Company.

After completion of the abovementioned transactions, Lars Boilesen holds
1,200,000 unexercised options in the Company. As of today the primary insider
holds 258,381 shares in the Company.



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.