Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

OTEC: Resolution to reduce share capital and registration of share capital reduction

Otello
On 15 September 2025, the board of directors of Otello Corporation ASA (the
"Company") passed a resolution to reduce the Company's share capital by NOK
163,979, through redemption of in total 8,198,950 treasury shares. The
resolution was carried out in accordance with the board authorization set out in
clause 7 of the Company's articles of association, cf. section 12-7 of the
Norwegian Public Limited Liability Companies Act. Following registration of the
share capital reduction, the new share capital will be NOK 1,475,816.58 divided
into 73,790,829 shares, each having a face value of NOK 0.02.

The new share capital was registered with the Norwegian Register of Business
Enterprises on 20 September 2025. The new registered share capital of the
Company is NOK 1,475,816.58 divided into 73,790,829 shares, each having a face
value of NOK 0.02.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.