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Eltek Ltd Announces Closing Of Sale Of 3,532,655 Ordinary Shares To Nistec Ltd. For $4.2 Million


Friday, 1 Nov 2013 04:30am EDT 

Eltek Ltd announced the closing of its sale of 3,532,655 ordinary shares to Nistec Ltd. (Nistec), a provider of electronic manufacturing services and design services. Contemporaneously, Nistec also acquired all of the ordinary shares held by Eltek's principal shareholder, Mr. Yossi Maiman. As a result of both transactions, Nistec is now Eltek's majority shareholder, holding 50.5% of its outstanding shares. 

Company Quote

1.56
0.02 +1.30%
20 Aug 2014