OSLO, Norway, Dec. 9, 2020 /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  ommission 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

119,237

83.5940

1,086,435.39

27:

30 November 2020

2,000

98.2000

22,153.92

28:

1 December 2020

2,242

98.8827

25,073.71

29:

2 December 2020

2,244

93.4543

23,718.36

30:

3 December 2020

2,941

94.8156

31,872.86

31:

4 December 2020

4,000

93.3331

42,522.56

Total accumulated over week 49/2020

13,427

95.3297

145,341.41

Total accumulated during the
share buy-back programme

132,664

84.7818

1,231,776.80

With the transactions stated above, the Company owns a total of 966,911 shares as treasury shares, corresponding to 3.66% 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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/asetek/r/asetek-a-s-announces-transactions-carried-out-under-the-current-share-buyback-programme-in-accordanc,c3251321

The following files are available for download:

https://mb.cision.com/Main/6758/3251321/1345920.pdf

Release

https://mb.cision.com/Public/6758/3251321/9456289ee9226ecd.pdf

Week 49

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SOURCE Asetek

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