IRVINE, Calif.--()--Kofax plc (LSE: KFX), a leading provider of capture enabled business process management (BPM) solutions, announces that the Kofax Employee Share Trust (the Trust) purchased a total of 734,345 shares of Kofax in the open market at an average price of 244.34 pence per share on May 11, 14 and 15 for a total purchase price of approximately $3.0 million.
Following these purchases, 4,156,337 shares are held by the Trust. Kofax does not intend to fund additional purchases by the Trust during the remainder of calendar year 2012.
The executive directors of the Company and employees 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, but none of these persons have acquired a beneficial interest in such shares.
Kofax plc (LSE: KFX) is a leading provider of Capture Enabled BPMTM (business process management) solutions. These award winning solutions capture and streamline the flow of business critical information throughout an organization in a more accurate, timely and cost effective manner, enabling our customers to be more responsive to their constituents and gain competitive advantage. Kofax solutions provide a rapid return on investment to thousands of customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organization, and a global network of more than 800 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
“Kofax,” “Capture Enabled BPM” and “Point of Origination” are Kofax trademarks in the US, the EU and other regions. All other trademarks and registered trademarks are the property of their respective owners.