Press Release Details

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"

09/08/2020

September 08, 2020 - On May 19, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of May 19, 2020. According to the programme, Asetek A/S will in the period until September 30, 2020 buy back own shares up to a maximum value of USD 4.5 million and with a maximum of 1,038,082 shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16th April 2014 of the European Parliament and Council and  ommission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.

Trading day Number of shares bought back Average purchase price (NOK) Amount (USD)
Total, latest announcement 557,875 60.4702 3,603,202.07
73: 31 August 2020 5,000 87.1014 49,952.65
74: 1 September 2020 5,000 84.8734 48,377.84
75: 2 September 2020 4,954 83.2273 46,755.73
76: 3 September 2020 4,875 80.7792 44,144.82
77: 4 September 2020 7,000 81.9722 63,864.54
Total accumulated over week 36/2020 26,829 83.4838 253,095.59
Total accumulated during the
share buy-back programme
584,704 61.5261 3,856,297.66

With the transactions stated above, the Company owns a total of 762,322 shares as treasury shares, corresponding to 2.95% of the share capital. See the enclosure for information about the individual transactions made under the share buyback programme.

About Asetek
Asetek is the global leader in liquid cooling solutions for gaming and enthusiast PCs, data centers and servers. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).

www.asetek.com

For further information, please contact:
Peter Dam Madsen, Chief Financial Officer
Mobile: +45 2080 7200, e-mail: pdm@asetek.com

Asetek A/S
Assensvej 2
DK-9220 Aalborg East
Denmark