Feb 23, 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, Feb. 23, 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  
     Amount (USD)
                                                                                    bought back         price (NOK)

       Trading day


                                                                                              296,081               98.6359          3,324,472.69


       
              Total, latest announcement





       78:                                               
            15 February 2021            2,882              107.4945             36,866.10





       79:                                               
            16 February 2021            4,000              108.4276             51,394.68





       80:                                               
            17 February 2021            3,500              112.5951             46,304.73





       81:                                               
            18 February 2021            4,000              112.8759             53,232.27





       82:                                               
            19 February 2021            4,000              111.8473             53,015.62



                                                                                            18,382


       Total accumulated over week 7/2021                                                                     110.7869            240,813.41

    ---


       
              Total accumulated during the share buy-back programme                   314,463               99.3462          3,565,286.10

    ---

With the transactions stated above, the Company owns a total of 1,148,710 shares as treasury shares, corresponding to 4.29% 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,c3294460

The following files are available for download:


     
     https://mb.cision.com/Main/6758/3294460/1377885.pdf            
     Release



     
     https://mb.cision.com/Public/6758/3294460/b9a99452f0e6ce1f.pdf 
     Week 7

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SOURCE Asetek