Key Developments: Emblaze Ltd (EBLZ.L)
14 Aug 2013
Latest Key Developments (Source: Significant Developments)
Emblaze Ltd announced that following the release of full year results for the period ending December 31, 2012 and the Company's subsequent exit from recent close period, Emblaze announces that it will resume the share repurchase programme, which was previously approved by the Company's Board of Directors up to a maximum consideration of USD2 million (the Buyback), with immediate effect. Following shares purchased by the Company during 2012, the remaining consideration for the share repurchase programme is approximately USD1.2 million. The Buyback will be undertaken in accordance with Israeli Companies Law, the FSA Listing Rules (the Listing Rules) and the Commission Regulation (EC) No 2273/2003 (the EC Buy-back Regulations). Full Article
JERUSALEM, Nov 3 - An investment group led by mobile technology firm Emblaze has offered to buy up to 100 percent of debt-ridden conglomerate IDB Development .