Monday, July 6, 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 6, 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 269,308 55.0021 1,537,060
28: 29 June 2020 7,327 53.9925 40,905
29: 30 June 2020 10,434 54.1549 58,426
30: 1 July 2020 10,214 53.9051 57,812
31: 2 July 2020 9,766 53.8982 55,269
32: 3 July 2020 5,606 53.7353 31,751
Total accumulated over week 27/2020 43,347 53.9565 244,163
Total accumulated during the  share buy-back programme 312,655 54.8571 1,781,223

With the transactions stated above, the Company owns a total of 490,273 shares as treasury shares, corresponding to 1.90% 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


Attachments
clear