Blue Star Capital plc Dynasty Update
16 Julio 2024 - 1:00AM
RNS Regulatory News
RNS Number : 4935W
Blue Star Capital plc
16 July 2024
16 July
2024
Blue Star Capital
plc
("Blue
Star" or the "Company")
Dynasty
Update
Blue Star Capital plc (AIM: BLU),
the investing company with a focus on esports and blockchain and
its applications within gaming and payments, provides the following
update for Dynasty Gaming & Media Pte Ltd ("Dynasty"), an
investee company, following its completion of the acquisition of
Lets Play Live Media ("LPL").
Further to the announcement of 6
June 2024, Dynasty has announced that it has completed the 100%
acquisition of Lets Play Live in an all-share transaction for a
consideration of approximately 15 per cent. of Dynasty's issued
shares.
LPL is the largest gaming tournament
operator and broadcaster in Oceania, and the fastest growing in
Southeast Asia, and the exclusive partner for many of the world's
leading publishers operating major gaming events in the region,
including Epic Games, EA, Riot Games, and Supercell.
As announced previously, Dynasty
considers that the acquisition of LPL will provide it with
strategic and highly complementary capabilities in the areas of
tournament organisation, production, and broadcast and it will also
deliver exclusive game event IP from the world's leading games
publishers.
Blue Star currently owns
approximately 2.0 per cent of Dynasty.
For further information, please
contact:
Blue
Star Capital plc
|
+44 (0) 777 178 2434
|
Tony Fabrizi
|
|
|
|
Cairn Financial Advisers LLP
|
+44 (0) 20 7213 0880
|
(Nominated Adviser)
|
|
Jo Turner / Liam Murray
|
|
|
|
Axis
Capital Markets Limited
|
+44 (0) 20 3026 0449
|
(Sole Broker)
|
|
Ben Tadd / Lewis Jones
|
|
About Blue Star
Blue Star is an investing company with
a focus on new technologies. Blue Star's investments include
SatoshiPay Limited, an incubator and service provider to de-fi
businesses using blockchain technology; Dynasty Gaming & Media
Pte. Ltd., whose B2B white label platform is a full-stack gaming
ecosystem; Paidia, a female focussed gaming
platform; and Sthaler
Limited, an identity and payments technology business which enables
a consumer to identify themselves and pay using just their
finger.
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END
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