Kofax PLC PURCHASE OF SHARES BY EMPLOYEE SHARE TRUST (5547T)
November 20 2013 - 11:14AM
UK Regulatory
TIDMKFX
RNS Number : 5547T
Kofax PLC
20 November 2013
Regulatory Announcement
Kofax ANNOUNCES Purchase of Shares by Employee Share Trust
IRVINE, CA, November 20, 2013--Kofax plc (LSE: KFX), a leading
provider of smart process applications for the business critical
First Mile(TM) of customer interactions, announces that the
trustees of the Kofax Employee Share Trust purchased in aggregate
325,000 ordinary shares of Kofax, having purchased 190,000 shares
at 363.25p on November 18(th) and 135,000 shares at 365.50p on
November 19th, for a total investment of approximately $1.9M
(USD).
Following the acquisition, 3,865,056 shares are held by the
trust. Kofax decided to fund the purchase of these additional
shares based on a determination that this would be in the best
interests of its shareholders and employees.
The executive directors of the company and other persons
discharging managerial responsibilities are within the class of
potential beneficiaries under the trust and are deemed to have a
non-beneficial interest in these shares. However, none of these
persons has acquired a beneficial interest in such shares.
About Kofax plc
Kofax(R) plc (LSE: KFX) is a leading provider of innovative
smart capture and process automation software and solutions for the
business critical First Mile(TM) of customer interactions. These
begin with an organization's systems of engagement, which generate
real time, information intensive communications from customers, and
provide an essential connection to their systems of record, which
are typically large scale, rigid enterprise applications and
repositories not easily adapted to more contemporary technology.
Success in the First Mile(TM) can dramatically improve an
organization's customer experience and greatly reduce operating
costs, thus driving increased competitiveness, growth and
profitability. Kofax software and solutions provide a rapid return
on investment to more than 20,000 customers in financial services,
insurance, government, healthcare, business process outsourcing and
other markets. Kofax delivers these through its own sales and
service organization, and a global network of more than 800
authorized partners in more than 75 countries throughout the
Americas, EMEA and Asia Pacific. For more information, visit
kofax.com.
###
(c) 2013 Kofax plc. "Kofax" is a registered trademark and "First
Mile" is a trademark of Kofax, plc.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCURRNROBAAUAA
Kofax (LSE:KFX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Kofax (LSE:KFX)
Historical Stock Chart
From Nov 2023 to Nov 2024