Tuesday, July 14, 2020

Stock Exchange Notice Details

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

July 14, 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 312,655 54.8571 1,781,223
33: 6 July 2020 10,000 55.7544 59,323
34: 7 July 2020 6,264 56.1954 37,242
35: 8 July 2020 9,428 56.8856 56,957
36: 9 July 2020 6,464 57.0225 39,366
37: 10 July 2020 7,030 59.3301 44,212
Total accumulated over week 28/2020 39,186 56.9477 237,099
Total accumulated during the
share buy-back programme
351,841 55.0900 2,018,322
 

With the transactions stated above, the Company owns a total of 529,459 shares as treasury shares, corresponding to 2.05% 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

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