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

OSLO, Norway, Feb. 2, 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

                                                                           Average purchase price (NOK) 
     Amount (USD)


       Trading day


                                                                   230,664


       
              Total, latest announcement                                                95.3336           2,480,865.97







       63:                      
            25 January 2021           4,000                      114.3817              53,439.13







       64:                      
            26 January 2021           5,000                      115.1142              67,514.48







       65:                      
            27 January 2021           4,120                      114.8387              54,789.08







       66:                      
            28 January 2021           5,000                      109.3413              63,472.62







       67:                      
            29 January 2021           5,000                      109.5058              64,115.65





                                                                 23,120


       Total accumulated over week 4/2021                                                  112.4770             303,330.96



    ---

                                                                253,784


       
              Total accumulated during the                                              96.8954

            share buy-back programme
                                                                                                              2,784,196.94

    ---

With the transactions stated above, the Company owns a total of 1,088,031 shares as treasury shares, corresponding to 4.06% 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,c3278335

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     https://mb.cision.com/Main/6758/3278335/1367037.pdf            
     Release



     
     https://mb.cision.com/Public/6758/3278335/a22feb0eecf16939.pdf 
     Week 4

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SOURCE Asetek