Press Release Details

ASETEK - Mandatory Notification of Trade


10 September, 2014 – The following employees and primary insiders of Asetek A/S (“Asetek”) have today exercised options and subsequently sold the acquired shares at a price of NOK 30.00 per share. The options have all been granted as components of the compensation packages offered to the employees and have been earned over a 4 year period starting in 2010:

David Garcia, VP and General Manager, Datacenter Business Unit, sold 25,000 shares. After the transactions, Mr. Garcia retains 119,168 options and warrants.

Ole Madsen, VP of Engineering and Quality, sold 17,454 shares. After the transactions, Mr. Madsen retains 75,860 options and warrants.

After this transaction, Asetek will have reduced its ownership share to below 5% of the total share capital.

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

Peter Dam Madsen, Chief Financial Officer
Mobile: +1 408 813 4147, e-mail: