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© Schweizer Electronic PCB | September 21, 2010

Schweizer Electronic signs share purchase agreement with Meiko

On September 21, 2010 Schweizer Electronic AG signed a share purchase agreement with Meiko Electronics Co., Ltd., Japan.
By this share purchase agreement Schweizer Electronic AG sells to Meiko Electronics Co., Ltd., 180'000 own shares of Schweizer Electronic AG which had been purchased in accordance with the resolution passed by the shareholders´ meeting on June 27, 2008, the German PCB manufacturer stated.

The share purchase agreement provides that these shares are sold to Meiko Electronics Co., Ltd., at a price of EUR 26.249 per share.

At the same time Schweizer Electronic AG concluded an agreement with Meiko Electronics Co., Ltd., according to which Schweizer Electronic AG purchases 313,600 shares of Meiko Electronics Co., Ltd., at a price of JPY 1,688 per share.

The conclusion of these contracts regarding the mutual participation is executed in order to implement the strategic cooperation between Schweizer Electronic AG and Meiko Electronics Co., Ltd., Japan which was announced in April 2009.

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