Business
Replacement: Exercise of Warrants
Replacement: Exercise of Warrants.
About this update from Blue Star Capital Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6611E\n Blue Star Capital plc\n 09 November 2020\n \n \n \n \n 9 November 2020\n \n \n \n \n \n Blue Star Capital plc\n \n \n \n \n \n (\"Blue Star\" or the \"Company\")\n \n \n \n \n \n Replacement: Exercise of Warrants and Director's Dealing\n \n \n \n \n \n \n \n \n Blue Star Capital plc (AIM: BLU), the investing company with a focus on esports, payments, technology and its applications within media and gaming, advises that the details of the outstanding warrants announced earlier under the title 'Exercise of Warrants and Director's Dealing' with RNS number 5934E were incorrect. The total number of warrants outstanding is 1,299,333,000 of which 707,666,000 warrants are exercisable at 0.175p on or before 8 June 2021 and 591,667,000 warrants are exercisable at 0.25p on or before 6 November 2021.\n \n \n \n \n \n All other details remain unchanged and the full text of the announcement follows: \n \n \n \n \n \n \n \n \n Blue Star Capital plc\n \n \n \n \n \n (\"Blue Star\" or the \"Company\")\n \n \n \n \n \n Exercise of Warrants and Director's Dealing\n \n \n \n \n \n \n \n \n Blue Star Capital plc (AIM: BLU), the investing company with a focus on esports, payments, technology and its applications within media and gaming, has been notified of the exercise of warrants over 95,000,000 new ordinary shares at a price of 0.1p per share and of a director's dealing as detailed below.\n \n \n \n \n \n Exercise of Warrants\n \n \n \n \n \n On 14 October 2019, the Company announced that had agreed to issue warrants to Jonathan Bixby, through his Company Toro Consulting Ltd and to certain directors conditional on the completion of the initial fundraising in connection with the Company's esports investment portfolio. The warrants granted included warrants over 300,000,000 new ordinary shares with an exercise date of 6 November 2020 and an exercise price of 0.1p per share. \n \n \n \n \n \n The Company was notified on 6 November 2020 that shareholders including Anthony Fabrizi, a director of the Company, had exercised warrants over 95,000,000 new ordinary shares (\"New Ordinary Shares\"). The exercise of the warrants has raised £95,000 for the Company and the remainder of the warrants due...