Business Context and Reporting Period
This Form 6-K filing by Allot Communications Ltd. (Allot) covers the month of September 2016. The report serves to disclose a position statement received from significant shareholders regarding the Company's Annual General Meeting scheduled for September 13, 2016.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a disclosure of shareholder communications and does not contain financial performance data.
Material Changes
No material financial changes versus prior periods are reported in this filing. The document focuses on a corporate governance matter involving shareholder dissent.
Outlook, Risks, and Contingencies
- Shareholder Dispute: The Company received a position statement from IBIM2 Limited (holding approx. 1.1% of shares) and Mr. Jose Sancho Garcia and Ms. Maria del Pilar Thomas Rios (jointly holding approx. 0.95% of shares).
- Management Response: The Board of Directors states that the shareholders are solely responsible for the content of their statement, noting that some assertions are misleading. The Board rejects these assertions and reaffirms its recommendations as detailed in the Proxy Statement dated August 18, 2016.
- Contingency: The attached Exhibit 99.1 contains the full text of the shareholder position statement.
Investor Verification Checklist
- Review the Company's Proxy Statement dated August 18, 2016, available on the SEC website, to understand the Board's official recommendations.
- Examine Exhibit 99.1 attached to this filing to read the specific assertions made by the dissenting shareholders.
- Verify the shareholding percentages of IBIM2 Limited and the Garcia/Rios group to assess the scale of the dissent.
- Confirm the agenda and timing of the Annual General Meeting scheduled for September 13, 2016.