Blue Star Capital plc
16 June 2005
For immediate release 16 June 2005
BLUE STAR CAPITAL PLC
('Blue Star' or 'the Company')
Statement re Reflexion Cosmetics plc
Blue Star Capital plc (AIM: BLU), the company created to provide seed capital
for early stage companies, has undertaken to contribute to the future
transaction costs of Reflexion Cosmetics (AIM: RFX), a company seeking
acquisitions in the toiletries and cosmetics sector.
Blue Star will only contribute to such future transactions costs if any
acquisition proposed by Reflexion Cosmetics offers significant potential upside
for Blue Star's shareholders through equity participation.
ENDS
For further information:
Blue Star Capital plc Tel: 020 7070 7283
Nigel Robertson, Chairman
Haresh Kanabar, Chief Executive
Panmure Gordon & Co Tel: 020 7459 3600
Jonathan Retter
Katherine Roe
Buchanan Communications Tel: 020 7466 5000
Mark Court
Elly Williamson
This information is provided by RNS
The company news service from the London Stock Exchange