OSLO, Norway, Sept. 1, 2020 /PRNewswire/ -- On May 19, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of May 19, 2020. According to the programme, Asetek A/S will in the period until September 30, 2020 buy back own shares up to a maximum value of USD 4.5 million and with a maximum of 1,038,082 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.

                                   

Trading day


Number of shares
bought back

Average purchase
price (NOK)

Amount (USD)

Total, latest announcement


534,038

59.3083

3,372,062.27

68:

24 August 2020


3,967

79.0403

34,867.08

69:

25 August 2020


4,939

88.7319

48,952.17

70:

26 August 2020


4,968

89.2318

49,738.66

71:

27 August 2020


5,000

87.9436

49,160.47

 72:

28 August 2020


4,963

86.0557

48,475.22

Total accumulated over week

35/2020

23,837

86.5006

231,193.61

Total accumulated during the share buy-back programme

557,875

60.4702

3,603,255.88

With the transactions stated above, the Company owns a total of 735,493 shares as treasury shares, corresponding to 2.85% 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 (ASETEK.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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SOURCE Asetek

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