New Issue: Eltek completes NOK 250 million private placement of stock

By Devika Patel

Knoxville, Tenn., Dec. 8 - Eltek ASA announced it has concluded a NOK 250 million private placement of shares.

The company sold 250 million ordinary shares at NOK 1.00 each through manager SEB Enskilda AS.

Eltek is a telecommunications company based in Drammen, Norway.

Issuer:	Eltek ASA
Issue:	Stock
Amount:	NOK 250 million
Shares:	250 million
Price:	NOK 1.00
Warrants:	No
Manager:	SEB Enskilda AS
Settlement date:	Dec. 8
Stock symbol:	Oslo: ELT

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