Asetek - Share Capital Increase to Issue Shares as Consideration to Granite Devices Oy.
Aalborg, Denmark, 4 January 2021 – Asetek A/S today announces the issuance of consideration shares to Finland-based Granite Devices Oy (translated Inc.). adopted by the board of directors. Reference is made to the announcement of the IP Agreement with Granite Devices Oy. 1 January 2021 and the subsequent correction of transaction currency dated January 4 2021. Asetek will as a part of the capital transaction pay a total consideration of EUR 6.8 million, of which EUR 3.4 million is paid in cash and the remaining consideration in the form of newly issued shares in Asetek. Asetek's issue