Elec & Eltek International Company Limited announced that the Shareholders whose names appear on the register of members of E&E on 8 May 2020 will be entitled to the final dividend for the year ended 31 December 2019 (the "Final Dividend") as approved by the Shareholders at E&E's annual general meeting held on 28 April 2020 in respect of such Offer Shares. The Offer Price after deducting the net dividend (i.e. USD 0.04, applying the prevailing exchange rate on 8 May 2020, being the record date in connection with the payment of the Final Dividend) will constitute the consideration for each Offer Share for such Shareholders.