Exhibit 99.1
TR–1: NOTIFICATIONS OF MAJOR INTERESTS IN SHARES |
1: | Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Kofax Limited | ||
2: | Reason for notification(yes/no) |
An acquisition or disposal of voting rights | yes | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | no | |||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | no | |||
An event changing the breakdown of voting rights | no | |||
Other (please specify): | no |
3. | Full name of person(s) subject to the notification obligation: | Praesidium Investment Management Company, LLC | ||
4. | Full name of shareholder(s) (if different from 3.): | |||
5. | Date of the transaction (and date on which the threshold is crossed or reached): | 06/27/14 | ||
6. | Date on which issuer notified: | 7/2/14 | ||
7. | Threshold(s) that is/are crossed or reached: | 5% |
8: Notified Details | ||
A: Voting rights attached to shares | ||
Class/type of share If possible use ISIN code | BMG5307C1055 |
Situation previous to the triggering transaction
Number of shares | Number of voting rights | |
3,430,524 | 3,430,524 |
Resulting situation after the triggering transaction
Number of shares | Number of voting rights | Percentage of voting rights | ||||||||||||||
Direct | Indirect | Direct | Indirect | |||||||||||||
4,623,886 | 0 | 4,623,886 | 0 | 5.02 | % |
B: | Qualifying Financial Instruments |
Resulting situation after the triggering transaction
Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument | Percentage of voting rights | ||||||||||||
N/A | N/A | N/A | N/A | N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |||||||||||||||||||
Nominal | Delta | |||||||||||||||||||||||
N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Total (A+B+C)
Number of voting rights | Percentage of voting rights | |||
4,623,886 | 5.02 | % |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Praesidium Investment Management Company, LLC | 4,623,886 | 5.02 | % |
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will cease to hold: | N/A | |
12. Date on which proxy holder will cease to hold voting rights: | N/A | |
13. Additional information: | ||
14. Contact name: | Kofax Limited Bradford Weller Company Secretary | |
15. Contact telephone number: | +44(0)20 3727 1000 |
Source: RNSKofax