Bluestar Capital PLC welcomes enquiries and engagement from investors and shareholders. The following information is disclosed in accordance with Rule 26 of the AIM Rules and was last updated on 25th September 2020.

Description of the business

Blue Star Capital is an investment Company with a focus on new technologies. The Company focuses on businesses that have the capacity for substantial growth and increase in value. Blue Star Capital’s geographical focus is predominately UK companies but the Board will also consider investments globally. The Company can take positions in investee companies by way of equity, debt or convertible or hybrid securities. The Company is subject to the UK City Code on Takeovers and Mergers.

The names of the Directors and biographical details

DEREK LEW – Executive Director

Derek has advised, started and invested in technology companies for over 20 years. An active member of the technology community in Vancouver, he is President and CEO of venture capital fund manager GrowthWorks Capital Ltd and past-Chair of Innovate BC (formerly the British Columbia Innovation Council), the crown Agency of the Province of British Columbia mandated to accelerate technology commercialisation. Derek is a Partner with Initio Group, a Vancouver, BC based early-stage angel investment firm.

Brian Rowbotham – Non Executive Director

Brian Rowbotham qualified as a Chartered Accountant with Deloitte and Touche and is a Fellow of the Institute of Chartered Accountants in England and Wales. His early career in the City included roles at Save & Prosper and F&C Management Ltd. In 1997 he joined Teather & Greenwood where, as a partner and then Finance Director, he was involved in the company’s flotation on AIM and subsequent move to the Official List.  Brian also ran his own consultancy specialising in turnarounds and start-ups until joining Hichens, Harrison & Co. plc in January 2005. Hichens Harrison was sold to Religare Enterprises in May 2008 and Brian subsequently stepped down from its Board in October 2008 remaining as a consultant.  He holds a number of other board positions including positions on the board of Rurelec plc and Hot Rocks Investments plc.

Sean King – Non Executive Director

Sean King has over 20 years’ experience in publishing and digital content, having set up Square One Group in 1994, which was one of the fastest growing independent content agencies in the UK. In 2007, Square One Group was acquired by rival Seven Publishing (backed by Guardian Media Group and Caledonia Investment Trust) with Sean King acting as CEO for the enlarged group until stepping down in April 2018.

After stepping down as CEO of SevenC3, Sean King now acts as an independent adviser to a number of brands including Fanfinders (leading player in providing first party data to parenting brands in the UK and US); Octaive (an ad:tech start-up based in London and New York); and Adverai (Swedish-based AI specialist).

Corporate Governance and Directors’ Responsibilities

CORPORATE GOVERNANCE

The Board is responsible for formulating, reviewing and approving the Company’s strategies, budgets and corporate actions.

The Directors have responsibility for, and recognise the importance of implementing and maintaining, high standards of corporate governance, and intend that the company will comply with the Combined Code and the Quoted Companies Alliance’s ‘Guidance for Smaller Quoted Companies’ in such respects as are appropriate for a company of its size, nature and stage of development.

The Company operates a share dealing code for Directors as required by the AIM Rules.

The Board intends to regularly review key business and financial risks facing the Company in the operation of its business.

AUDIT COMMITTEE

The Audit Committee consists of Brian Rowbotham, Derek Lew and Sean King. The Committee meets at least twice a year and more frequently if required. The Committee is responsible for monitoring the quality of internal controls, ensuring the financial performance of the Company is being properly measured and reported on, meeting with the auditors and reviewing reports from the auditors relating to accounting and internal controls.

REMUNERATION COMMITTEE

The Remuneration Committee consists of Brian Rowbotham, Derek Lew and Sean King. The Committee reviews the performance of the Executive Directors, sets the scale and structure of their remuneration and reviews the basis of their service agreements with due regard to the interests of the shareholders. The Remuneration Committee will also make recommendations concerning the allocation of share options to Directors and employees, if appropriate. No Director is permitted to participate in discussions concerning their own remuneration. The remuneration and terms of appointment of Non-Executive Directors are set by the Board as a whole.

Country of incorporation and main country of operation

Incorporated and registered in England and Wales under the Companies Act registration number 0517441.

Details of any other exchanges or trading platforms

Blue Star Capital is not listed or traded on any other Exchanges or trading platforms.

Company announcements

Please look at our News section for latest announcements – CLICK HERE

Company advisors

COMPANY SECRETARY
Brian Rowbowtham
C/O DMH Stallard
Griffin House
135 High Street
Crawley RH10 1DQ

Company Number
05174441

NOMINATED ADVISOR 
Cairn Financial Advisers LLP
Cheyne House
Crown Court
62-63 Cheapside
London EC2V 6AX

BROKER
Stanford Capital Partners Limited
15-17 Eldon Street
London
EC2M 7LD

AUDITOR
Adler Shine LLP
Chartered Accountants and Statutory Auditor
Aston House
Cornwall Avenue
London N3 1LF

SOLICITORS
Gowling WLG (UK) LLP
4 More London Riverside
London SE1 2AU

REGISTRAR
Link Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU