Blue Star Regulatory News (BLU)

22 October 2014

Blue Star Capital plc

("Blue Star Capital" or the "Company")

Further Subscription

Blue Star Capital plc, an investing company in technology and gaming delivered principally through social media and broadcast platforms, is pleased to announce that due to additional demand from investors, it has conditionally raised a further £50,000 before expenses by way of a direct subscription with the Company of 9,090,909 new ordinary shares of 0.1p each ("Ordinary Shares") at an issue price of 0.55p per share (the "Further Subscription Shares") (the "Further Subscription"). 

It is intended that the proceeds of the Further Subscription will be used to provide working capital for the Company and to support the current portfolio of investments.

Completion of the Further Subscription is conditional, inter alia, upon admission of the Further Subscription Shares to trading on AIM. Application will be made for the Further Subscription Shares to be admitted to trading on AIM, which is expected to occur on or around 29 October 2014. This application is in addition to the application referred to in the Company's announcement made earlier today, hence the Company will apply for a total of 40,909,091 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on or around 29 October 2014 ("Admission").

Following Admission, the Company will have 471,662,623 Ordinary Shares in issue. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 471,662,623.

The above figure may be used by shareholders in Blue Star Capital as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Blue Star Capital plc

Graham Parr, Chairman +44 778 891 6111

Tony Fabrizi, Chief Executive +44 777 178 2434

Daniel Stewart & Company plc

Nominated Adviser & Broker

Emma Earl/David Coffman/Martin Lampshire +44 20 7776 6550

Financial PR Adviser

Rebecca Sanders-Hewett/David Ison +44 20 7382 4732

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