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

OSLO, Norway, Feb.16, 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)




                                                                               275,581


       
              Total, latest announcement                                                               97.8794                  3,061,168.60







       73:                      
            8 February 2021                          4,500                      110.4613                   58,456.1200







       74:                      
            9 February 2021                          4,000                      107.7558                   50,860.7376







       75:                      
            10 February 2021                         4,000                      107.0447                   50,782.0057







       76:                      
            11 February 2021                         4,000                      109.9267                   52,061.2851







       77:                      
            12 February 2021                         4,000                      108.6320                   51,143.9456





                                                                                20,500


       Total accumulated over week 6/2021                                                                 108.8055                  263,304.0940



    ---

                                                                               296,081


       
              Total accumulated during the                                                             98.6359                  3,324,472.69
                                                share buy-back programme


    ---

With the transactions stated above, the Company owns a total of 1,109,828 shares as treasury shares, corresponding to 4.14% 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://mb.cision.com/Main/6758/3288339/1374070.pdf            
     Release



     
     https://mb.cision.com/Public/6758/3288339/88c93814b8230c81.pdf 
     Week 6

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SOURCE Asetek