Blue Star Capital plc

Equities

BLU

GB00B02SSZ25

Investment Management & Fund Operators

Delayed London S.E. Other stock markets 03:05:13 2024-05-21 am EDT			5-day change	1st Jan Change
0.0324 ^GBX	-0.31%		+8.00%	-67.60%

Apr. 29	RentGuarantor revenue up; Aura progresses Tiris	AN
Mar. 28	Duke expects revenue rise; SIMEC gets EL deal payment	AN

Blue Star Capital raises GBP100,000 via new shares placing

January 17, 2024 at 01:14 pm EST

Blue Star Capital PLC - Raises GBP100,000 via a placing of 100.0 million new shares at a price of 0.1 pence each, representing 2.0% of enlarged share capital. Says proceeds will be used for working capital purposes and will provide the company with working capital headroom until September. This is in line with its forecasted monthly cash burn rate and the anticipated disposal of the company's shareholding in SatoshiPay. Admission of new shares to trading on AIM is expected to occur on or around Monday next week.

Current stock price: 0.11 pence, down 3.5% in London on Wednesday

12-month change: down 31%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BLUE STAR LIMITED	1,579 INR	-0.89%	+5.88%	3.93B
	BLUE STAR CAPITAL PLC	0.0324 GBX	-0.31%	+8.00%	2.07M

Latest news about Blue Star Capital plc

RentGuarantor revenue up; Aura progresses Tiris	Apr. 29	AN
Duke expects revenue rise; SIMEC gets EL deal payment	Mar. 28	AN
Blue Star Capital plc Announces Spacewalk Bridge Launches on Pendulum	Mar. 28	CI
EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy	Mar. 21	AN
AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla	Mar. 21	AN
Earnings Flash (BLU.L) BLUE STAR CAPITAL Reports FY23 Loss GBX-0.13	Mar. 21	MT
Blue Star Capital plc Reports Earnings Results for the Full Year Ended September 30, 2023	Mar. 21	CI
Blue Star Capital Dynasty carrying value drops significantly	Mar. 13	AN
Blue Star Capital Reports ‘Significant Decline’ in Dynasty Gaming & Media's Investment Value	Mar. 13	MT
Dynasty Esports Pte. Ltd. agreed to acquire Googly esports PLC from Blue Star Capital plc and others for approximately $7.6 million.	Mar. 12	CI
Trump's media deal partner nears $50 million financing -sources	Feb. 08	RE
Blue Star Capital expects placing proceeds by end January	Jan. 19	AN
Blue Star Capital raises GBP100,000 via new shares placing	Jan. 17	AN
Blue Star Capital Completes Equity Raise to Boost Working Capital	Jan. 17	MT
Blue Star shares soar on Dynasty and SatoshiPay updates	Jan. 16	AN
Blue Star Capital celebrates as Dynasty gets closer to breakeven	Nov. 27	AN
BiVictriX patent boost; 4Global deal extended	Nov. 15	AN
Blue Star Capital plc Announces the Stepping Down of Brian Rowbotham as Director	23-10-09	CI
Blue Star investee to help launch e-sports cricket league in Caribbean	23-08-09	AN
Blue Star Capital interim loss widens and net assets fall	23-06-28	AN
Blue Star Capital plc Reports Earnings Results for the Half Year Ended March 31, 2023	23-06-28	CI
Blue Star announces new Pendulum blockchain bridge release	23-06-01	AN
Blue Star notes Dynasty's partnership with Lets Play Live	23-05-02	AN
Blue Star Capital plc Auditor Raises 'Going Concern' Doubt	23-03-24	CI
Stocks up ahead of key US inflation reading	23-03-14	AN

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Company Profile

Blue Star Capital plc is a United Kingdom-based investment company with a focus on esports and new technologies, particularly in the areas of blockchain and payments. The Company invests principally in the media, technology and gaming sectors. The Company is focused on capital appreciation from a diversified portfolio of quoted and unquoted investments. The Company's geographical range is global and will actively co-invest in deals. It takes positions in investee companies by way of equity, debt or convertible or hybrid securities. The Company's investments are passive in nature but may be actively managed. The Company may be represented on, or observe, the boards of its investee companies. Its investments are likely to be illiquid and are to be held for the medium to long term. It does not have any maximum exposure limits, limits on cross-holdings or other investing restrictions. The Company's nominated adviser and broker is Cairn Financial Advisers LLP.

Sector

Investment Management & Fund Operators

Calendar

2024-06-24 - Q2 2024 Earnings Release (Projected)

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