06 January
2025
Blue Star Capital
plc
("Blue
Star" or the "Company")
Further re: Posting of
Circular and Notice of General Meeting
Blue Star Capital plc (AIM: BLU),
the investing company with a focus on esports and blockchain and
its applications within gaming and payments, provides an update,
further to the announcement made on 17 December 2024 regarding the
posting of the Capital Reorganisation Circular (the "Circular").
The Company announces that, prior to
the Capital Reorganisation, the terms of which are as set out in
the Circular, it is issuing a further 491,511 new ordinary shares
of £0.001 per ordinary share ("Corrective Shares") as a corrective
share issuance related to a legacy discrepancy of the total voting
rights in the Company - representing approximately 0.001% of the
Company's issued share capital - currently recorded as
5,092,281,484, with the correct value being 5,092,772,995 shares in issue as noted in the Company's
announcements and related total voting rights
notifications.
The 491,511 Corrective Shares are
due to be admitted at the same time as the five (5) Rounding
Shares, immediately before the Capital Reorganisation. All
resultant figures following the completion of the Capital
Reorganisation will remain the same as the details set out in the
Circular.
Capitalised terms in this
announcement have the meaning ascribed to them in the Definitions
section of the Circular.
The full Circular, together with
supporting documents, is available from the Company's
website, https://bluestarcapital.co.uk/.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation. The Directors of the Company
take responsibility for this announcement.
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 / Ed
Downes
|
|
|
|
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 experienced blockchain company with a strong
track record in innovative payment solutions; Lets Play Live, 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.
Forward looking statement disclaimer
Certain statements made in this
announcement are forward-looking statements. These forward-looking
statements are not historical facts but rather are based on the
Company's current expectations, estimates, and projections about
its industry; its beliefs; and assumptions. Words such as
'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,'
'estimates,' and similar expressions are intended to identify
forward-looking statements. These statements are not guarantees of
future performance and are subject to known and unknown risks,
uncertainties, and other factors, some of which are beyond the
Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in
the forward-looking statements. The Company cautions shareholders
and prospective shareholder holders not to place undue reliance on
these forward-looking statements, which reflect the view of the
Company only as of the date of this announcement. The
forward-looking statements made in this announcement relate only to
events as of the date on which the statements are made. The Company
will not undertake any obligation to release publicly any revisions
or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of
this announcement except as required by law or by any appropriate
regulatory authority.