Asetek - Mandatory Notification of Trade: CEO Sells Shares to a Long Term Investor in Asetek A/S

OSLO, Norway, Mar 09, 2017 /PRNewswire/ --

Chief Executive Officer and primary insider of Asetek A/S, André Sloth Eriksen, has today sold 100,000 shares in a single, private transaction to a long term investor in Asetek A/S at price NOK 82.70 per share. Pre transaction André Sloth Eriksen and closely related parties owned a combination of 624,337 shares, warrants and options and post transaction 524,337 shares, warrants and options.

"I sell some shares due personal reasons, as explained in October last year. I still hold a substantial amount of shares, warrants and options. Given Asetek's recent development and the exciting place we are in, I obviously remain fully committed as the company's CEO", said André Sloth Eriksen.

About Asetek

Asetek® (ASETEK.OL) is the global leader in liquid cooling solutions for data centers, servers and PCs. Asetek's server products enable OEMs to offer cost effective, high performance liquid cooling data center solutions. Its PC products are targeted at the gaming and high performance desktop PC segments. With over 3.9 million liquid cooling units deployed, Asetek's patented technology is being adopted by a growing portfolio of OEMs and channel partners. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. For more information, visit www.asetek.com.

For further information, please contact:

André S. Eriksen,
Chief Executive Officer
Mobile: +45 2125 7076
E-mail: [email protected]

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SOURCE Asetek

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