REG - Blue Star Capital - Share Price Movement

Blue Star CapitalAnnouncement

13/01/2025 15:00

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RNS Number : 1304T  Blue Star Capital plc  13 January 2025

13 January 2025

Blue Star Capital plc

 

("Blue Star" or the "Company")

 

Share Price Movement

 

Blue Star Capital plc (AIM: BLU), the investing company with a focus on
blockchain, esports and payments, notes the recent increase in the Company's
share price and confirms that it is not aware of any reason for the movement.

On the 6 January 2025, the Company announced that at its General Meeting all
resolutions were duly passed, thereby approving the Capital Reorganisation and
Subscription to raise £150,000. The Company confirmed that the proceeds of
the Subscription would be used to participate in further funding rounds both
for either SatoshiPay Limited or Vortex, a decentralised exchange platform
incubated by SatoshiPay, in addition to supporting the general working capital
requirements of the Company. In addition, the Company notes the Holding(s) in
Company announcement released at 7:00 a.m. today, announcing  that Meinhard
Benn, the founder of SatoshiPay, now holds an 8.34 per cent. shareholding in
Blue Star.

The Company will keep the market apprised of any developments and will make
the necessary announcements when it is in a position to do so.

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)
 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.

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