Elcoteq Applies for the Listing of the Warrants
Today, on December 3, 2010, Elcoteq SE’s Board of Directors have decided to apply for the listing of the 4,350,138 (four million three hundred and fifty thousand one hundred and thirty- eight) warrants issued by the Company on 11 May, 2010 in connection with the Exchange Offer made in spring 2010 in order the warrants to be traded on NASDAQ OMX Helsinki Ltd in conformity with clause 1.4 of the Terms and Conditions of the warrants.
Trading of the warrants is expected to commence earliest on December 7, 2010.
Elcoteq SE is the global Life Cycle Service Partner for high-tech product and service companies. Elcoteq has a proven track record in electronics manufacturing services and a global factory network close to its customers coupled with modern manufacturing equipment and consistent systems and processes.
Elcoteq´s Electronics Manufacturing Services (EMS) Business Segment serves customers globally in Engineering, Manufacturing and Fulfillment services. EMS products include devices such as mobile phones and their accessories, set-top boxes, LED lamps and luminaires, flat panel TVs, infrastructure systems, modules and other industrial segment products. The After Market Services (AMS) Business Segment concentrates on providing its customers with configuration, repair and refurbishment services.
The Group’s consolidated net sales for 2009 totaled 1.5 billion euros and it employs approximately 9,300 persons. Elcoteq SE is listed on the NASDAQ OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com.
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