REG - Blue Star Capital - Result of Broker Option

Blue Star CapitalAnnouncement

03/07/2025 11:15

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RNS Number : 6332P  Blue Star Capital plc  03 July 2025

3 July 2025

Blue Star Capital plc

 

("Blue Star" or the "Company")

 

Result of Broker Option

 

Blue Star Capital plc (AIM: BLU), the investing company with a focus on
blockchain, esports and payments, announces that the Broker Option, previously
announced on 2 July 2025, closed at 4:30 p.m. on the same day. Axis Capital
Markets Limited ("Axis"), the Company's broker, received subscriptions for
555,556 new ordinary shares at the Issue Price of £0.18, raising in total
£100,000. Due to strong demand, the Broker Option was oversubscribed, with
allocations made on a first come-first served basis.

 

The funds raised via the Broker Option, and the Placing announced 2 July 2025,
together totalling  £1.25 million, will predominantly be used to invest into
SatoshiPay by way of a secured loan for SatoshiPay to increase its existing
digital asset treasury function including Bitcoin and other crypto currencies.

 

Admission and Total Voting Rights

As previously announced, the balance to be admitted of the Admission Shares
("Second Tranche"), which includes the Broker Option Shares, comprises
4,583,334 new ordinary shares. Application for Admission is expected to be
effective on or around 8:00 a.m. on or around 18 July 2025.

 

Following Admission of the Second Tranche of 4,583,334 Admission Shares, the
enlarged issued share capital of the Company will comprise 47,553,234 ordinary
shares, with no shares held in Treasury. Therefore, the total voting rights in
the Company following Admission will be 47,553,234 and this figure may be used
by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

 

Capitalised terms in this announcement have the same meaning ascribed to them
in the announcement on 2 July 2025.

 

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 more 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)
 Lewis Jones

 

About Blue Star

Blue Star is an investing company with a focus on new technologies. Blue
Star's investments include SatoshiPay Ltd, an experienced blockchain company
with a strong track record in innovative payment solutions; Dynasty Media
& Gaming, 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.

 

 

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