Aalborg, April 23, 2020. Asetek A/S' board of directors has on April 21[st],
2020 decided to grant options to key employees in the Company and its
subsidiaries. The decision is made in accordance with the Company's remuneration
policy.
A total of 320,300 options have been granted to purchase shares at a price of
NOK 38.33 per share. The exercise price is established as the share price
("closing price") for the Company's share on the day of the day of grant and the
day after, which was the day of publishing the Q1 2020 report. The options
become exercisable gradually within a period of 4 years and the options will
expire 7 years after the initial grant date.
Executive management was granted 110,025 options, and 89,175 options were
granted to other management members. Other employees, in the Company's
subsidiaries in Denmark, USA and China, were granted a total of 121,100 options.
Obligatory documents filed with the Danish FSA under the EU Market Abuse
Regulations are attached to this release.
About Asetek
Asetek is the global leader in liquid cooling solutions for data centers,
servers and PCs. 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).
For further information, please contact:
Peter Dam Madsen
Chief Financial Officer
Mobile: +45 2080 7200
investor.relations@asetek.com
John Hamill Notification April
2020 (https://mb.cision.com/Public/6758/3095767/82b50fdc2cd86ae1.pdf)