Directorate Changes

RNS Number : 6817Z

Blue Star Capital plc

16 September 2022

 

16 September 2022

Blue Star Capital plc

("Blue Star" or the "Company")

Directorate Changes

Blue Star Capital plc (AIM: BLU), the investing company with a focus on technology and its applications within media and gaming, announces that Derek Lew is stepping down from the board of the Company to focus on his other directoratehships. 

As a result of his knowledge of the Company and its assets, Tony Fabrizi, the Company's former CEO, will rejoin the board of Blue Star as Executive Chairman. These directorate changes will occur with immediate effect.

Tony Fabrizi commented , "I am delighted to be involved again with Blue Star. The current portfolio includes some exciting businesses and the next 12 months should see significant progress. The Board is grateful for Derek's contribution and support since his appointment in 2019 and wishes him well in the future." 

Derek Lew commented , "It has been a pleasure to be involved with Blue Star and, in particular, with the development of its esports portfolio and the SatoshiPay investment.  Tony's detailed knowledge of the Company and its assets means he is idelly placed to recognise, build and return value to shareholders and I am pleased to welcome Tony back to the Board." 

Tony Fabrizi qualified as a chartered accountant with KPMG before working in corporate finance at HSBC Investment Bank. He later established Ghaliston Limited as a corporate finance advisory business. Ghaliston acquired Merchant Securities Limited, a private client stockbroking business and the enlarged company listed on AIM in November 2006. Tony resigned as CEO of that company in June 2008.

Over the last ten years Tony has advised a number of private companies as well as taking on the role of CEO Of Blue Star in July 2012 until his resignation in February 2021. In the interim period, Tony has been heavly involved in Fruitlab Media a gaming business with its own token, the PIP.

Additional   Disclosures

The following information regarding the appointment of Francisco Anthony ("Tony") Bodie Fabrizi, aged 61, is disclosed under Schedule Two paragraph (g) of the AIM Rules for Companies:

Current directorships and/or partnerships:	Former directorships and/or partnerships (within the last five years):
Fruitlab Media Limited	Codify Capital Limited
The PIP Limited	Blue Star Capital Limited

Tony Fabrizi does not own shares in the Company.

There is no further information to be disclosed in relation to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies. 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

Blue Star Capital plc	0777 178 2434
Tony Fabrizi
Cairn Financial Advisers LLP	[phone]
(Nominated Adviser)
Jo Turner / Liam Murray / Ludo Lazaretti
S tanford Capital Partners Limited	[phone]
(Broker)
Patrick Claridge / John Howes / Bob Pountney

 

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