Debt Settlement and Issue of Equity

Blue Star Capital plc (AIM: BLU), the investing company with a focus on blockchain, esports and payments, announces that it has agreed to settle an outstanding debt owed to a creditor via the issue of 100,000 new ordinary shares of 0.1 pence ("Ordinary Shares") at an issue price of approximately 7 pence per new Ordinary Shares ("Debt settlement Shares").

Admission and Total Voting Rights

Application will be made for the 100,000 Debt Settlement Shares to be admitted to trading on AIM which is expected to occur on or around 31 March 2025 ("Admission"). The Debt Settlement Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

Following Admission, the Company's issued share capital will comprise 33,813,865 ordinary shares of 0.1 pence each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.