Reference is made to warrants issued by Asetek A/S, Danish central business
register (CVR) no. 34880522 (the "Company"), pursuant to corporate resolutions
adopted on August 11, 2015 and April 28, 2016 respectively.
Pursuant to the applicable warrant terms, the warrants are exercisable in
exercise windows open in a four weeks period running from the Company's
preliminary announcement of its financial statements or publication of its
interim financial report however no later than 7 years after the Subscription
Date as specified in the Subscription Agreement, at 12 noon.
Each warrant gives the holder the right but not the obligation, to subscribe for
one share in the Company of a nominal value of DKK 0.1 at NOK 10.60 and NOK
19.50 per share respectively.
The Company has now received exercise notices from warrant holders aggregating
2,833 warrants distributed as follows:
Warrants
Warrants issued on August 11, 2015 527
Warrants issued on April 28, 2016 2,306
In total 2,833
The holders of the 2,833 exercised warrants will subscribe for the corresponding
2,833 shares of each nominally DKK 0.10 in the Company and the Company has
received the following corresponding subscription price:
Shares Subscription Price
Warrants issued on August 11, 2015 527 NOK 5,586.20
Warrants issued on April 28, 2016 2,306 NOK 44,967.00
In total 2,833 NOK 50,553.20
Consequently, the share capital increase resulting from the exercise of the
warrants (from nominally DKK 2,578,620.90 by nominally DKK 283.30 to nominally
DKK 2,578,904.20) will now be registered and the newly issued shares will be
divided between the warrant holders having issued an exercise notice in
accordance with the above.
The shareholders' register kept by the Norwegian central securities depository
Verdipapirsentralen ASA and DNB Bank ASA respectively, the warrants' register
and the articles of association of the Company will be updated accordingly.
Asetek A/S
Peter Dam Madsen
Chief Financial Officer