Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its
behalf by the undersigned, thereunto duly authorized.
Eltek Announces Resignation of Mr. Gavriel Meron as a Director
PETACH-TIKVA, Israel, August 14, 2019 - Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced
solutions in the field of printed circuit boards, announced today that Mr. Gavriel Meron has informed the Company his resignation from the Board of Directors of Eltek, effective today August 14, 2019.
Gavriel Meron joined the Board of Eltek in 2013. “It has been a pleasure being a part of the Eltek board of directors and appreciate
the opportunity to be part of the Company and dealing with multiple business challenges that have arisen. I ask to be discharged from my service as a director due to other business commitment which will require most of my time,” said Mr. Meron.
Eltek’s Chairman of the Board, Yitzhak Nissan, said, “I value Mr. Meron’s professionalism and strategic insights and am appreciative
of his contribution and service to our company. The Board and management of Eltek would like to thank Gavriel for his time and dedication to Eltek and we wish him well in his future business endeavors.”
About Eltek
Eltek – "Innovation Across the Board", is a global manufacturer and supplier of technologically advanced solutions in the field of
printed circuit boards (PCBs), and is the Israeli leader in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high quality PCBs, HDI, multilayered and flex-rigid
boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.
Eltek was founded in 1970. The Company’s headquarters,
R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiaries in North America and in Europe and by agents and distributors in Europe, India, South Africa and South America. For more information,
visit Eltek's web site at
www.nisteceltek.com
.
Forward Looking Statement:
Certain matters discussed in this news release are forward-looking statements that involve a
number of risks and uncertainties including, but not limited to statements regarding expected results in future quarters, risks in product and technology development and rapid technological change, product demand, the impact of competitive products
and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company's Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission.
Investor Contact:
Alon Mualem
Chief Financial Officer
alonm@nisteceltek.com
+972-3-9395023