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.
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 per share.
The Company has now received exercise notices from warrant holders aggregating
30,000 warrants distributed as follows:
Warrants
Warrants issued on August 11, 2015 30,000
In total 30,000
The holder of the 30,000 exercised warrants will subscribe for the corresponding
30,000 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 30,000 NOK 318,000.00
In total 30,000 NOK 318,000.00
Consequently, the share capital increase resulting from the exercise of the
warrants (from nominally DKK 2,697,013.40 by nominally DKK 3,000.00 to nominally
DKK 2,700,013.40) 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