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 issuer
of 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
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
BGI Investments (1961)
3. Full name of person(s) subject to the Ltd.; and
notification obligation:iii
B.G. Alpha Ltd.
4. Full name of shareholder(s)
(if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or 07 February, 2014
reached: v
6. Date on which issuer notified: 10 February, 2014
7. Threshold(s) that is/are crossed or Twenty Five per cent.
reached: vi, vii (25%)
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering
shares to the triggering transaction
transaction
if possible Number Number Number Number of voting % of voting
using of of of shares rights rights x
the ISIN CODE Shares Voting
Rights Direct Direct xi Indirect Direct Indirect
xii
IL0010830219 12,117,043 12,117,043 12,117,043 12,117,043 15,398,636 11.01% 14.00%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting rights % of voting
financial price date xvii Conversion instrument refers to rights xix, xx
instrument period xviii
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
27,515,679 25.01%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
BGI Investments (1961) Ltd. ("BGI") directly holds 12,117,043 ordinary shares
of Emblaze Ltd. (the "Company"), which represents 11.01% of the total number of
the Company's voting rights. In addition, BGI holds, though B.G. Alpha Ltd.
("BGA"), an indirectly wholly owned subsidiary of BGI, a further 15,398,636
ordinary shares of the Company, which represents 14.00% of the total number of
the Company's voting rights.
In aggregate, BGI and BGA hold 27,515,679 ordinary shares of the Company, which
represents 25.01% of the total number of the Company's voting rights.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights:
BGI and BGA have increased their shareholdings in the Company pursuant
13. Additional to a successful completion of a takeover bid (made by BGI) pursuant to
information: Israeli law.
Information with respect to voting rights and thresholds is based on the
number of ordinary shares in issue (excluding shares held in Treasury)
being 109,990,252 ordinary shares.
14. Contact Eyal Merdler
name:
15. Contact
telephone +972-3-740-1770
number: