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

OSLO, Norway, Jan. 20, 2021 /PRNewswire/ -- On October 23, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of October 23, 2020. According to the programme, Asetek A/S will in the period until March 5, 2021 buy back own shares up to a maximum value of USD 4 million and with a maximum of 381,000

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.



                                                          Number of shares
                                                          bought back


       Trading day                                                        Average purchase price (NOK)

                                                                                                        
     Amount (USD)


                                                                202,351


       
              Total, latest announcement                                                91.9525

                                                                                                                       2,083,520.76





       53:                      
            11 January 2021           3,000                      118.7669

                                                                                                                          41,651.55





       54:                      
            12 January 2021           3,000                      120.6962

                                                                                                                          42,509.20





       55:                      
            13 January 2021           2,327                      120.5468

                                                                                                                          33,044.36





       56:                      
            14 January 2021           2,610                      121.8316

                                                                                                                          37,394.50





       57:                      
            15 January 2021           3,000                      119.5593

                                                                                                                          41,893.58



                                                                 13,937


       Total accumulated over week 2/2021                                                  120.2239

                                                                                                                         196,493.20

    ---

                                                                216,288


       
              Total accumulated during the                                              93.7743

            share buy-back programme
                                                                                                                       2,280,013.96

    ---

With the transactions stated above, the Company owns a total of 1,050,535 shares as treasury shares, corresponding to 3.92% 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 (ASTK.OL).

www.asetek.com

For further information, please contact:
Peter Dam Madsen, Chief Financial Officer
Mobile: +45 2080 7200, e-mail: pdm@asetek.com

Asetek A/S
Assensvej 2
DK-9220 Aalborg East
Denmark

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https://news.cision.com/asetek/r/asetek-a-s-announces-transactions-carried-out-under-the-current-share-buyback-programme-in-accordanc,c3271251

The following files are available for download:


     
     https://mb.cision.com/Main/6758/3271251/1361521.pdf            
     Release



     
     https://mb.cision.com/Public/6758/3271251/8a43322c687cd2d2.pdf 
     Week 2

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SOURCE Asetek