Blue Star Capital plc (LON:BLU), the investing company with a focus on technology and its applications within media and gaming, has told DirectorsTalk that further to its announcement made on 4 April 2017, the existing Consideration Shares have been successfully placed out with new and existing investors at 0.12p per ordinary share. Accordingly, FastForward no longer has an interest in the ordinary shares of the Company.
The Company also announces that as part of the Vendor Placing, Tony Fabrizi, CEO of the Company, has purchased 4,166,666 ordinary shares in the Company at a price of 0.12p per ordinary share. Following the purchase, Mr Fabrizi has an interest of 19,757,959 ordinary shares in aggregate, representing approximately 2.04% of the Company’s issued share capital.