London, December 24
Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") Company Update BGI Investments (1961) Ltd. Cash Offer Herzeliya, Israel, 24 December, 2013 Cash Offer BGI Investments (1961) Ltd. ("BGI") has informed the Company that today it has made, through B.G. Alpha Ltd., BGI's indirectly wholly owned subsidiary, a cash offer (the "Offer") to holders of ordinary shares in the capital of the Company to acquire five (5) per cent. of the voting rights of Emblaze, subject to the terms and conditions of the Offer. BGI's intention to make the Offer was previously referred to by the Company in its announcement of 19 August, 2013 (by reference to BGI's announcement of 15 August, 2013) and in the circular and Notice of Extraordinary General Meeting in respect of the Company's move to the standard list, dated 16 October, 2013. The Offer document published by BGI in respect of the Offer will be available on the Company website later today and values each Emblaze share at GBP 0.75. A copy of the Offer document will also be posted to shareholders who are not registered in a Prohibited Territory (as defined in the Offer document) in due course and will set out in detail the procedure for accepting (or otherwise voting against) the Offer. The Company's board of directors is required by law to state its position vis-