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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 8, 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 96,204 54.9310 533,468.88
9: 2 June 2020 9,979 58.0154 60,730.31
10: 3 June 2020 9,349 58.9195 58,058.40
11 4 June 2020 9,952 59.8362 64,015.16
12: 5 June 2020 9,338 59.4632 59,691.24
Total accumulated over week 23/2020 38,618 59.0558 242,495.11
Total accumulated during the  share buy-back programme 134,822 56.4508 775,963.99

With the transactions stated above, the Company owns a total of 312,440 shares as treasury shares, corresponding to 1.21% 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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