Board Appointment

RNS Number : 3593Z

Blue Star Capital plc

18 July 2008

 



BLUE STAR CAPITAL PLC

18 JULY 2008

BLUE STAR CAPITAL PLC

('Blue Star' or 'the Company')

Board Appointment

Blue Star Capital PLC (AIM: BLU), the investment company, announces the appointment of Dr Richard Leaver to the Board of Directors.

Dr Leaver, BSc, PhD, MBA, CEng., MIET, MIEEE, is the Chief Executive and co-founder of the PegasusBridge group of companies including PegasusBridge Fund Management Limited, a Guernsey fund manager specialising in Homeland Security based investments, its UK investment adviser PegasusBridge Fund Management LLP and The PegasusBridge Defence & Security Fund Limited in which the Company has invested £800,000 to date.

Haresh Kanabar, the Company's Chief Executive commented:

'We are delighted that Dr Leaver is joining the Board in line with our strategy that we set out in our Interim Accounts. Dr Leaver brings a wealth of talent and experience in the Homeland Security Industry, a sector that we believe offers real growth potential for the Company.'

Ends

For further information:

Blue Star Capital plc	Tel: [phone]
Nigel Robertson, Chairman
Haresh Kanabar, Chief Executive
Landsbanki Securities (UK) Limited	Tel: [phone]
Sindre Ottesen
Sebastian Jones
Square1 Consulting Limited	Tel: [phone]
Mark Longson

Disclosure of Directorships under Schedule 2 of the AIM Rules

Dr Richard Leaver, aged 47, is or has been a director of the following companies during the previous five years:

Current directorships:

Greybrook Limited

PegasusBridge Fund Management LLP

Zimiti Limited

OmniPerception Limited

Pedagog Limited

Directorships held within the previous five years:

Imerge Limited

Toumaz Technology Limited

There are no other matters which are required to be announced with regard to this appointment under paragraph (g) of Schedule 2 of the AIM Rules.

 

END

 

 

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