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Irrevocable Undertakings

17 Oct 2013 16:36

EMBLAZE LTD - Irrevocable Undertakings

EMBLAZE LTD - Irrevocable Undertakings

PR Newswire

London, October 17

Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") IRREVOCABLE UNDERTAKINGS Herzeliya, Israel, 17 October 2013: Further to the Company's announcement on 16 October 2013 (the "16October 2013Announcement") in relation to the proposed transfer of its listing category onthe Official List from premium (commercial company) to standard listing, theCompany has received irrevocable undertakings from certain Emblaze Shareholdersand holders of Depository Interests representing, in aggregate, approximately54.41 per cent. of the issued share capital of Emblaze, to vote in favour ofthe Transfer Resolution at the Extraordinary General Meeting. Details of the irrevocable undertakings received are as follows: Registered or beneficial Number of Emblaze Shares/ Percentage of existingholder of Ordinary Shares Depository Interests issued Shares of Emblaze (%) BGI Investments (1961) 22,016,166 20.01Ltd. Schroders Investment 16,829,119 15.30Management Limited Fortissimo Capital 8,883,757 8.08Management Ltd. Naftali Shani 7,741,392 7.04 Rotenstreich Gitzelter 2,625,651 2.39Trust Company Ltd CHABAD 770 B.V. 1,750,000 1.59 Total 59,846,085 54.41 Capitalised terms shall have the meanings ascribed to them in the 16 October2013 Announcement. Enquiries: Hagit Gal, Emblaze hagit.gal@emblaze.com The Emblaze Group is traded on the London Stock Exchange (LSE: BLZ) since 1996.www.emblaze.com
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