BEMOBI MOBILE TECH S.A. The managers in the IPO have utilized a total of 2.141.893 shares of the Greenshoe, of which Otello was the selling shareholder of 1.834.272 shares, resulting in payment of a gross amount ofBRL 40,353,984.00 (approximatelyUSD 7 million ) to Otello. As a result of the dividend and share proceeds in connection with the IPO and partial the exercise of the Greenshoe, Otello will receive the gross amount ofBRL 402,178,802.71 (approximatelyUSD 73 million ) and hold 32,719,588 shares in Bemobi Mobile Tech S.A, equal to 36.0% ownership.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 , aMobile Media and Entertainment company which integrate people and mobile content through technology and offers a leading subscription-based discovery service for mobile apps inLatin 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.
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