Director Shareholding
19 May 2003 - 5:02PM
UK Regulatory
RNS Number:2420L
Emblaze Systems Ld
19 May 2003
Further Details of Director Shareholding
19 May 2003: Further to the Director Shareholding announcement today, Emblaze
Systems Ltd ("Emblaze" or "Company") would like to confirm that Eli Reifman,
Chief Executive Officer, increased his shareholding in the Company by 14,150,000
shares (10.2 per cent) to 27,937,184 million shares (20.12% per cent). This
increase of shareholding will make Eli Reifman the largest shareholder of the
Company.
The 14,150,000 shares were sold by founder and former Non-Executive Director,
Sharon Carmel, who resigned from the Company's Board of Directors on October 1,
2002 to pursue other business interests and has had no involvement in Emblaze
since. Sharon Carmel's total shareholding following this transaction is
decreased to 714,284 (0.51 per cent).
Enquiries:
Emblaze
Hagit Gal Tel: +972-9-7699339
Doron Cohen Tel: +972-9-7699301
Brunswick
Harry Chathli, Craig Breheny, Chi Lo Tel: 020 7404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
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