Press Release Details

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

12/08/2020

December 8, 2020 - On October 23, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of October 23, 2020. According to the programme, Asetek A/S will in the period until March 5, 2021 buy back own shares up to a maximum value of USD 4 million and with a maximum of 381,000 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 119,237 83.5940 1,086,435.39
27: 30 November 2020 2,000 98.2000 22,153.92
28: 1 December 2020 2,242 98.8827 25,073.71
29: 2 December 2020 2,244 93.4543 23,718.36
30: 3 December 2020 2,941 94.8156 31,872.86
31: 4 December 2020 4,000 93.3331 42,522.56
Total accumulated over week 49/2020 13,427 95.3297 145,341.41
Total accumulated during the
share buy-back programme
132,664 84.7818 1,231,776.80
 

With the transactions stated above, the Company owns a total of 966,911 shares as treasury shares, corresponding to 3.66% 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