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TMCNet:  Kofax Announces NASDAQ Over-Allotment Option Exercised and Shares Issued

[December 11, 2013]

Kofax Announces NASDAQ Over-Allotment Option Exercised and Shares Issued

IRVINE, Calif. --(Business Wire)--

Kofax® Limited (NASDAQ and LSE: KFX), a leading provider of smart process applications for the business critical First MileTM of customer interactions, today announced that Craig-Hallum Capital Group LLC has exercised its option to purchase an additional 300,000 common shares to cover over-allotments (the "Over-Allotment Shares") in connection with the NASDAQ listing pursuant to the Company's registration statement which was declared effective by the Securities and Exchange Commission on December 4, 2013.

The Over-Allotment Shares are expected to be admitted to trading on the premium listing segment of the Official List of the U.K. Listing Authority and the London Stock Exchange's main market as of 8:00 a.m. London time on December 12, 2013.

As a result, the total issued share capital of Kofax Limited, including the Over-Allotment Shares, is 97,119,418 common shares of $0.001 each.

A REGISTRATION STATEMENT RELATING TO THESE SECURITIES WAS DECLARED EFFECTIVE BY THE SECURITIES AND EXCHANGE COMMISSION ON (News - Alert) 4 DECEMBER 2013. THIS ANNOUNCEMENT SHALL NOT CONSTITUTE AN OFFER T SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THE OFFERED SECURITIES, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE OR JURISDICTION. CRAIG-HALLUM CAPITAL GROUP LLC ACTED AS THE SOLE UNDERWRITER OF THE OFFERING. COPIES OF THE PROSPECTUS CAN BE OBTAINED FROM CRAIG-HALLUM CAPITAL GROUP LLC, ATTENTION: EQUITY CAPITAL MARKETS DEPARTMENT AT 222 SOUTH NINTH STREET, SUITE 350, MINNEAPOLIS, MN 55402 OR VIA (News - Alert) TELEPHONE AT +1 (612) 334-6300.


THIS ANNOUNCEMENT SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL, PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE OR JURISDICTION.

About Kofax

Kofax is a leading provider of smart process applications for the business critical First Mile 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 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.

© 2013 Kofax Limited. Kofax is a registered trademark and First Mile is a trademark of Kofax Limited.


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