PR Newswire | Oct 27, 2020 07:36AM EDT

Programme in Accordance With the 'Safe Harbour Method'

10/27 06:36 CDT

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the 'Safe Harbour Method' OSLO, Norway, Oct. 27, 2020

OSLO, Norway, Oct. 27, 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 Average purchase Amount bought back price (NOK) (USD)

Total, latest announcement 0 0 0.00

1: 23 October 2020 4,431 85.0280 40,727.66

Total accumulated over week 43/2020 4,431 85.0280 40,727.66

Total accumulated during the sharebuy-back programme 4,431 85.0280 40,727.66



With the transactions stated above, the Company owns a total of 838,678 shares as treasury shares, corresponding to 3.17% 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 MadsenChief Financial OfficerMobile: +45 2080 7200e-mail: pdm@asetek.com

Asetek A/SAssensvej 2DK-9220 Aalborg EastDenmark

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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,c3226166

The following files are available for download:

https://mb.cision.com/Main/6758/3226166/1326552.pdf Release

https://mb.cision.com/Public/6758/3226166/93fd663dbc5490f9.pdf Week 43

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SOURCE Asetek