Press Release Details

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


May 25, 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 Commission 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 0 0 0
1: 19 May 2020 13,256 51.9952 69,131.57
2: 20 May 2020 18,693 52.3073 98,755.89
3: 22 May 2020 7,150 54.7683 39,081.02
Total accumulated over week 21/2020 39,099 52.6515 206,968.48
Total accumulated during the
share buy-back programme
39,099 52.6515 206,968.48

With the transactions stated above, the Company owns a total of 216,717 shares as treasury shares, corresponding to 0.84% 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).

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