Press Release Details

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

07/27/2020

July 27, 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 380,366 55.8792 2,218,664
43: 20 July 2020 5,000 68.1633 36,809
44: 21 July 2020 5,438 68.3650 40,634
45: 22 July 2020 5,500 64.4169 38,866
46: 23 July 2020 5,445 64.3508 38,228
47: 24 July 2020 5,385 63.5499 37,267
Total accumulated over week 30/2020 26,768 65.7309 191,803
Total accumulated during the share buy-back programme 407,134 56.5269 2,410,467

With the transactions stated above, the Company owns a total of 584,752 shares as treasury shares, corresponding to 2.27% 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