Elcoteq SE
Stock Exchange Release
July 5, 2010 at 4.00 pm (EET)
A total of 12,625 Elcoteq SE´s series A-shares have been returned free of
consideration to the company on July 5, 2010. The transaction is related to the
recent resignation of Dr. Sándor Csányi from the company's Board of Directors.
Elcoteq transferred 12,625 shares to each member of the Board of Directors as
part of the remuneration of the Board and after Dr. Sándor Csányi´s resignation
from the Board of Directors on June 24, 2010, the shares allocated to him were
transferred back to the company.
The company now holds a total of 12,625 own shares.
ELCOTEQ SE
Satu Jaatinen
Director, Corporate Communications & IR
Further information:
Mikko Puolakka, CFO, tel. +41 41 728 0302
About Elcoteq
Elcoteq SE is the global Life Cycle Service Partner for high-tech product and
service companies.
Engineering, Manufacturing, Fulfillment and After Market Services are the
cornerstones of Elcoteq's extensive service offering. Elcoteq has a proven track
record in electronics manufacturing services (EMS) and a global factory network
coupled with modern manufacturing equipment and consistent systems and
processes.
Products include Consumer Electronics devices such as mobile phones and their
accessories, set-top boxes, LED lamps and luminaries, flat panel TVs as well as
System Solutions products such as infrastructure systems, modules and other
industrial segment products.
The Group's consolidated net sales for 2009 totaled 1.5 billion euros and it
employs approximately 10,000 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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Source: Elcoteq SE via Thomson Reuters ONE
