BSD.L Regulatory News (BSD)

For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are Emblaze Ltd.attached:ii 2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result Xin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the BGI Investments (1961) Limitednotification obligation:iii 4. Full name of shareholder(s) BGI Investments (1961) Limited, (if different from 3.):iv B.G Alpha Ltd. 5. Date of the transaction and date onwhich the threshold is crossed or 14 August 2013reached: v 6. Date on which issuer notified: 19 August 2013 7. Threshold(s) that is/are crossed or 25%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction if possible Number Number Number Number of voting % of voting rights xusing of of of shares rightsthe ISIN Shares VotingCODE Rights Direct Direct xi Indirect xii Direct Indirect 0 0 12,117,043 12,117,043 9,899,123 11.01% 9%IL0010830219 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. Call Option 14.08.2016 36 months from 14.08.2013 12,117,043 11.01% Call Option 14.08.2015 24 months from 14.08.2013 8,883,757 8.07% C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date xvii Conversion period instrument refers to xix, xxinstrument xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 43,016,966 39.10% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi B.G.I. Investments (1961) Ltd ("B.G.I") is holding directly 12,117,043 ordinaryshares of Emblaze Ltd (the "Company") which represent 11.01% of the totalnumber of the Company's voting rights. In Addition, B.G.I. is holding throughB.G Alpha Ltd., a wholly owned subsidiary of Niva Finances Ltd., which is awholly owned subsidiary of B.G.I, 9,899,123ordinary shares of the Company,which represent 9% of the total number of the Company's voting rights. Aggregately (directly and indirectly through B.G Alpha Ltd) B.G.I is holding20,016,166 ordinary shares of the Company which represent 20.01% of the totalnumber of the Company's voting rights. In Addition, B.G.I is holding an option to purchase 21,000,800 ordinary sharesof the Company, which represent 19.09% of the total number of the Company'svoting (the "Option Shares"). Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: BGI's right to exercise the voting rights attached to the13. Additional information: Option Shares is conditional upon a successful completion of a takeover bid by B.G.I pursuant to the Israeli Law. Information with respect to voting rights and threshold is based on the number of shares in issue (excluding shares held in Treasury) of 109,990,252 as most recently disclosed by the issuer on August 13, 2013. 14. Contact name: Hagit Gal 15. Contact telephone number: +972.9.7699302