Press Release Details

ASETEK – Mandatory notification of trade

09/17/2013

17 September 2013 – André Eriksen, CEO of Asetek A/S (“Asetek” or the “Company”) has today sold 102,000 shares in the Company at NOK 34.00 per share. The sale was conducted by Andre Eriksen Holding ApS, a company in which André Eriksen is the sole shareholder. The sale was conducted in order to meet Danish net worth tax obligations which arose after the revaluation of Asetek’s shares in connection with the initial public offering of the Company in March 2013. After the transaction, André Eriksen and entities controlled by him hold 228,077 shares and 208,952 stock options in Asetek.

André Eriksen has undertaken a 180 days lock-up with Carnegie AS for all his remaining shares and stock options in the Company.

For further information, please contact:
Andre S. Eriksen, Chief Executive Officer
Mobile: +1 408 398 7437, e-mail: ceo@asetek.com