Blue Star Capital plc (LON:BLU), the investing company with a focus on technology and its applications within media and gaming, announces 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 (“Vendor Placing”). 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 Blue Star Capital plc, 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.
Unless otherwise stated, capitalised terms used in this announcement have the meaning as set out in the announcement of 2 March 2017 and 4 April 2017.
About SatoshiPay Ltd
SatoshiPay is headquartered in London with development led through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters, seed funding was raised through publicly listed companies Coinsilium Group (ISDX:COIN) and FastForward Innovations (LON:FFWD). Development of SatoshiPay’s nanopayment product started in April 2015 and its beta version was released in February 2016. Find updated information at the company’s website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter @SatoshiPay.
