Change of Nominated Adviser and Broker

1 October 2020

GYG plc

("GYG" or the "Company")

Change of Nominated Adviser and Broker

GYG (AIM: GYG), the market leading superyacht painting, supply and maintenance company, announces that N+1 Singer has been appointed as the Company's Nominated Adviser and sole broker with immediate effect.

For further information:

Notes to Editors:

GYG is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company's brands include Pinmar, Pinmar Yacht Supply and Technocraft. GYG's operations can be divided into three key sales channels:

· Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding and containment work;

· New Build: fairing and painting of new vessels as part of the build process; and

· Supply: selling and delivery of maintenance materials, consumables, spare parts and equipment primarily to trade customers.

AIM Rules for Companies disclosure

The Company announces that, under Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies, Kevin McNair (Chief Financial Officer) was a director of Certainty Group Security Services Limited ("CGSS") between October 2002 and December 2005. CGSS entered receivership in April 2006 and was ultimately dissolved in 2009.