Einar J. Greve has informed Eltek ASA that he will become a partner in Arctic
Securities ASA. As a consequence of this and in accordance with theÂ Norwegian
Securities Trading Act, Einar J. Greve has notified the CompanyÂ that he resigns
from the Board of Eltek ASA with immediate effect.
About Eltek ASA:
Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its two business units Eltek Valere and Nera
Telecommunications (NeraTel).Â The Company reported revenue of NOK 5.8 billion
in 2009, and had close to 3,300 employees in more than 50 countries at the end
of 2009.Â Following the divestment of Nera Networks, Eltek is focused on its
core business in telecom power and power electronics solutions for industrial
applications and renewable energy markets such as solar power and electric
vehicles.Â Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Eltek ASA via Thomson Reuters ONE