Block listing Interim Review

23 December 2016

GAN plc

("GAN" or the "Company")

Block Listing Interim Review

GAN today announces, in compliance with the AIM and ESM rules, the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share options schemes:

Name of the company:

GAN plc

Name of the scheme:

Employee share scheme

Period of return:

From: 29 April 2016

To: 23 December 2016

Number and class of securities not issued under the scheme at the beginning of the period:

256,250 ordinary shares of nominal value Stg 0.01 each

Number of securities issued under the scheme during the period:

0 ordinary shares of nominal value Stg 0.01 each

Balance under the scheme of securities not yet issued at the end of the period:

256,250 ordinary shares of nominal value Stg 0.01 each

Number and class of securities originally admitted and the date of admission:

828,125 ordinary shares of nominal value Stg 0.01 each were admitted to AIM and ESM on 24 January 2014 as part of the block listing.

Contact name and telephone number:

For further information please contact:

GAN plc

Desmond Glass

Chief Financial Officer

+44 (0) 20 7292 6262

[email protected]

END OF ANNOUNCEMENT