Acquisition of deferred shares

17 December 2018

PCG Entertainment Plc

("PCGE", the "Company" or the "Group")

PCG Entertainment Plc / Index: AIM / Epic: PCGE

Acquisition of deferred shares

PCG Entertainment Plc (the "Company" or "PCGE"), announces that in accordance with the resolutions passed at the Extraordinary General Meeting ("EGM") on 15 January 2018, the Company has today acquired all of the Company's outstanding deferred shares of 0.4 pence each for nil consideration.

Under the terms of the issue of the shares and the terms of the Gibraltar Companies Act 2014 these shares are returned to unissued share capital.

The effect of this transaction is that whilst the authorised share capital remains unchanged at £6,000,000 the unissued share capital increases from £1,935,559.49 to a total available of £4,755,511.90.  This means that the authorized unissued shares by number increases from 1,935,559,489 to 4,755,511,897.

Enquiries:

PCG Entertainment PLC

Richard Poulden, Chairman Tel: +44 207 812 0645

Allenby Capital Limited 

(Corporate Adviser, Nominated Adviser and Broker)

Nick Naylor/Nick Harriss Tel: +44 20 3328 5656    

SVS Securities Limited

(Joint Broker)

Ben Tadd/Tom Curran Tel: +44 203 700 0100

Damson Communications

(Public Relations)

Abigail Stuart-Menteth Tel: +44 20 7812 0645

Email: [email protected]