Business
Response to recent share price movement
Response to recent share price movement.
About this update from Blue Star Capital Plc
[{"type":"text","content":"\n \nRNS Number : 8740V Blue Star Capital plc 18 December 2013 \n \n\n18 December 2013\n \n \nBlue Star Capital plc\n \n(\"Blue Star\" or the \"Company\")\n \nResponse to recent share price movement \n \nBlue Star notes the recent upward movement in the price of the Company's ordinary shares (the \"Shares\").\n \nThe Company confirms it is in the advanced stages of undertaking a subscription to raise GBP 200,000 before expenses at a price of 0.5p per share. In addition, Blue Star is in the process of agreeing a further partial conversion and repayment of the shareholder loan (\"the Loan\") entered into on 28 April 2011. Any conversion of the Loan into ordinary shares of Blue Star will be at a price of 0.5p per share.\n \nBlue Star also announces that it is in the late stages of negotiating a new investment amounting to GBP100,000 in a company which is a gaming technology aggregator which will supply solutions to mainstream brands and broadcast operators. \n \nA further announcement will be made in due course.\n \n \nEnquiries:\n \n \n\n\n\n\nBlue Star Capital plc\n\n\nTony Fabrizi\n\n\n Tel: 0777 178 2434\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDaniel Stewart & Company plc (Nomad & Joint Broker)\n\n\nDavid Hart Director, Corporate Finance\nMartin Lampshire, Head of Corporate Broking\n \n\n\n Tel: 020 7776 6550\n\n\n\n\n \n \n- Ends -\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RSPBXBDDXXBBGXI\n ","length":3783,"tagName":"div"}]