Jan 27, 2021   SOURCE: PR NewsWire

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

OSLO, Norway, Jan. 27, 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 Average purchase price
                                                   bought back      (NOK)                  
     Amount (USD)


       Trading day


                                                            216,288


       
              Total, latest announcement                                   93.7743

                                                                                                      2,280,013.96




        58:               
            18 January 2021           2,275                115.6883

                                                                                                         30,609.10




        59:               
            19 January 2021           2,371                117.1582

                                                                                                         32,500.50




        60:               
            20 January 2021           3,576                118.7081

                                                                                                         49,878.77




        61:               
            21 January 2021           3,458                121.2656                   49,817.17




        62:               
            22 January 2021           2,696                119.7979

                                                                                                         38,046.47



                                                          14,376


       Total accumulated over week 3/2021                                     118.7942                  200,852.01



    ---


       
              Total accumulated during the          230,664                 95.3336                2,480,865.97

            share buy-back programme

    ---

With the transactions stated above, the Company owns a total of 1,064,911 shares as treasury shares, corresponding to 3.98% 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,c3274839

The following files are available for download:


     
     https://mb.cision.com/Main/6758/3274839/1364240.pdf            
     Release



     
     https://mb.cision.com/Public/6758/3274839/91b91154a5eb9cc3.pdf 
     Week 3

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SOURCE Asetek