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

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

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June 2, 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 39,099 52.6515 206,968.48
4: 25 May 2020 14,699 57.6225 84,275.83
5: 26 May 2020 13,964 56.1056 79,050.94
6: 27 May 2020 12,048 55.8164 68,592.58
7: 28 May 2020 9,394 56.4350 54,075.34
8: 29 May 2020 7,000 56.1254 40,505.70
Total accumulated over week 22/2020 57,105 56.4917 326,500.40
Total accumulated during the  share buy-back programme 96,204 54.9310 533,468.88

With the transactions stated above, the Company owns a total of 273,822 shares as treasury shares, corresponding to 10.61% 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