Share Price Movement
Company notes share price increase, confirms no undisclosed reasons; SatoshiPay founder now holds 8.34% stake.
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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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.