Holding(s) in Company

RNS Number : 3859Z

Taptica International Ltd

14 March 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Taptica International Ltd
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Lazarus Management Company LLC
4. Full name of shareholder(s) (if different from 3.):^iv	Lazarus Investment Partners LLLP Lazarus Israel Opportunities Fund LLLP Lazarus Israel Opportunities Fund II LLLP
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	8 March 2017
6. Date on which issuer notified:	13 March 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Below 8%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

IL0011320343

4,827,500

N/A

4,817,500

N/A

7.97%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,817,500

7.97%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi

Lazarus Management Company LLC is the investment adviser of the investment funds listed below. The total disclosable holding for Lazarus Management Company LLC is 4,817,500 shares (7.97% of voting rights).

Fund name	Number of shares	Percentage
Lazarus Israel Opportunities Fund LLLP	3,512,250	5.81%
Lazarus Investment Partners LLLP	552,500	0.91%
Lazarus Israel Opportunities Fund II LLLP	752,750	1.25%
Aggregate position	4,817,500	7.97%