ASETEK - Mandatory Notification of Trade

07 Apr 2023 15:02 CEST

07 April 2023 - Member of the Board of Directors and primary insider of Asetek
A/S Jørgen Smidt has on 5 April 2023 purchased 28,000 shares in the open market
at an average price of NOK 9.99 per share. The stock purchase is in addition to
Jørgen Smidt's undertaking to subscribe for New Shares in the fully underwritten
Rights Issue announced on 8 March 2023. Following the transaction, Jørgen Smidt
owns 87,200 Asetek shares.

Member of the Board of Directors and primary insider of Asetek A/S Maja Frølunde
Sand-Grimnitz and closely associated individuals have on 5 April 2023 purchased
14,000 shares in the open market at an average price of NOK 9.97 per share. The
stock purchase is in addition to Maja Frølunde Sand-Grimnitz's undertaking to
subscribe for New Shares in the fully underwritten Rights Issue announced on 8
March 2023. Following the transaction, Maja Frølunde Sand-Grimnitz and closely
associated individuals own 14.000 Asetek shares.

Chief Operating Officer and primary insider of Asetek A/S John Hamill has on 5
April 2023 purchased 8,826 shares in the open market at an average price of NOK
9.33 per share. The stock purchase is in addition to John Hamill's undertaking
to subscribe for New Shares in the fully underwritten Rights Issue announced on
8 March 2023. Following the transaction, John Hamill owns 237,239 Asetek shares
and 342,817 warrants/options.

About Asetek
Asetek (ASTK.OL), a global leader in mechatronic innovation, is a Danish garage
-to-stock-exchange success story. Founded in 2000, Asetek established its
innovative position as the leading OEM developer and producer of the all-in-one
liquid cooler for all major PC & Enthusiast gaming brands. In 2013, Asetek went
public while expanding into energy-efficient and environmentally friendly
cooling solutions for data centers. In 2021, Asetek introduced its line of
products for next level immersive SimSports gaming experiences. Asetek is
headquartered in Denmark and has operations in China, Taiwan and the United
States.

For further information, please contact:
Peter Dam Madsen, Chief Financial Officer
Mobile: +45 2080 7200, e
-mail: pdm@asetek.com (pdm@asetek.com%3cmailto:pdm@asetek.com)
This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act. This stock exchange release was
published by Peter Dam Madsen, CFO at Asetek A/S, on April 07, 2023 at 15.00
CEST

More information:
Access the news on Oslo Bors NewsWeb site

587259_Jorgen_Smidt_Notification_April_2023.pdf
587259_John_Hamill_Notification_April_2023_2.pdf
587259_Henrik_Sand_Grimnitz_Notification_April_2023.pdf
587259_Maja_Frolunde_Sand_Grimnitz_Notification_April_2023.pdf
587259_Release.pdf