AALBORG, Denmark, Jan. 4, 2021 /PRNewswire/ -- Asetek A/S today
announces the issuance of consideration shares to Finland-based Granite Devices Oy (translated
Inc.). adopted by the board of directors. Reference is made to the
announcement of the IP Agreement with Granite Devices Oy.
1 January 2021 and the subsequent
correction of transaction currency dated January 4 2021.
Asetek will as a part of the capital transaction pay a total
consideration of EUR 6.8 million, of
which EUR 3.4 million is paid in
cash and the remaining consideration in the form of newly issued
shares in Asetek.
Asetek's issue of new shares is directed towards Granite Devices
Oy. The EUR 3.4 million has been
exchanged to NOK prior to Granite Devices Oy. subscription of the
new shares. The issuance of shares is completed today, Monday
4 January 2021.
The new shares are subscribed for by contribution in kind at the
market rate of shares. The market rate is based on the volume
weighted average closing price of Asetek's shares on the Oslo Stock
Exchange during a period of eighteen consecutive trading days
starting on 2 December 2020 through
30 December 2020. Thus, a total of
348,003 shares of DKK 0.10 are issued
at a price per shares of NOK
103.04.
The new shares are issued pursuant to authority granted by
Asetek's shareholders at the extraordinary general meeting
29 October 2020. The new shares are
issued against contribution in kind without any pre-emptive rights
for Asetek's existing shareholders and no other person or entity
than Granite Devices Oy. has participated in the subscription.
The new shares carries identical rights and the same rights as
all other shares issued by Asetek. The new shares entitles the
holder to receive dividend from the date of issue. Granite Devices
Oy. has in the IP Agreement accepted certain lock-up periods for
the newly issued shares.
Asetek's share capital before the capital increase amounted to
DKK 2,643,295.70 (equal to
26,432,957 shares of DKK 0.10
each) and after completion of the capital increase amounts to
DKK 2,678,096.00. The newly issued
shares correspond to 1.3 percent of Asetek's share capital after
completion of the issuance.
About Asetek
Asetek, the creator of the all-in-one liquid cooler, is the
global leader for liquid cooling solutions for high performance
gaming and enthusiast PCs, and environmentally aware data centers.
Founded in 2000, Asetek is headquartered in Denmark and has operations in China, Taiwan
and the United States. Asetek is
listed on the Oslo Stock Exchange (ASTK.OL).
www.asetek.com
For further information, please contact:
CEO and Founder André S. Eriksen
+45 2125 7076, email: ceo@asetek.com
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SOURCE Asetek