LifeStar Holding plc - Prospective Right Issue

On 26 May, GlobalCapital plc announced that, following the resolutions passed at the Extraordinary General Meeting (“EGM”) held on 22 July 2016, in the event that shareholders also authorise an increase of 115 million shares in the authorised share capital of the Company (which is equivalent to €33.5 million) during the upcoming EGM to be held on 23 June, the Board of Directors of GlobalCapital intends to exercise its authority to issue new ordinary shares by conducting a rights issue in respect of an amount of shares not exceeding €15,000,000 in nominal value later on in 2017, subject to the approval of the Listing Authority.

Further information on the Rights Issue, including on the amount of new ordinary shares to be offered, will be announced by the Company in due course.