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Blue Star Capital plc announced the results of its Annual General Meeting held on 25 April 2025, where Resolutions 1, 2, 3, 4, and 5 were duly passed. Resolutions 2 and 3 involved the re-election of Anthony Fabrizi and Sean King as directors, respectively. Resolution 6, relating to the disapplication of statutory pre-emption rights and requiring a 75% majority, was defeated with 60.32% of votes cast in favour.
| Date | 25 Apr 2025 |
| Time | 16:00:00 |
| Category | AGMs and other meetings |
| ID | 2936G |
25 April 2025
Blue Star Capital plc
("Blue Star" or the "Company")
Result of AGM
Blue Star Capital plc (AIM: BLU), the investing company with a focus on esports, payments, technology and its applications within media and gaming, announces that, at its AGM held on the 25 April 2025, Resolutions 1, 2, 3, 4 and 5 were duly passed. Resolution 6, relating to the disapplication the statutory pre-emption rights provisions, was defeated.
Details of the votes cast for each Resolution are as follows.
|
Resolution |
For
|
% |
Against |
% |
Total |
% of ISC voted |
Withheld* |
|
1. To receive and adopt the reports of the directors and the independent auditors and the accounts for the year ended 30 September 2024 |
3,786,088 |
99.78% |
8,474 |
0.22% |
3,794,562 |
11.22% |
12,863 |
|
2. To re-elect Anthony Fabrizi as a director. |
3,770,795 |
99.66% |
12,862 |
0.34% |
3,783,657 |
11.19% |
23,768 |
|
3. To re-elect Sean King as a director. |
3,768,491 |
99.53% |
17,666 |
0.47% |
3,786,157 |
11.20% |
23,768 |
|
4. To re-appoint Adler Shine as auditors of the Company and to authorise the directors to fix their remuneration. |
3,778,376 |
99.66% |
12,781 |
0.34% |
3,791,157 |
11.21% |
2,385,268 |
|
5. To authorise the directors to allot shares. |
3,698,746 |
60.00% |
2,465,764 |
40.00% |
6,164,510 |
18.23% |
11,915 |
|
6. To disapply the statutory pre-emption provisions.** |
3,714,413 |
60.32% |
2,443,244 |
39.68% |
6,157,657 |
18.21% |
18,768 |
* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
** Indicates special resolutions requiring a 75% majority.
In accordance with the QCA Corporate Governance Code, the Board confirms that it will continue to consult and engage with the relevant shareholders with respect to Resolution 5 and Resolution 6.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).
The Directors of the Company accept responsibility for the content of this announcement.
For more information please contact:
|
Blue Star Capital plc |
+44 (0) 777 178 2434 |
|
Tony Fabrizi |
|
|
|
|
|
Cairn Financial Advisers LLP |
+44 (0) 20 7213 0880 |
|
(Nominated Adviser) |
|
|
Jo Turner / Liam Murray |
|
|
|
|
|
Axis Capital Markets Limited |
+44 (0) 20 3026 0449 |
|
(Sole Broker) |
|
|
Lewis Jones |
|
About Blue Star
Blue Star is an investing company with a focus on new technologies. Blue Star's investments include SatoshiPay Limited, an experienced blockchain company with a strong track record in innovative payment solutions; Dynasty Media & Gaming, whose B2B white label platform is a full-stack gaming ecosystem; Paidia, a female focussed gaming platform; and Sthaler Limited, an identity and payments technology business which enables a consumer to identify themselves and pay using just their finger.