Update on Equity Sharing Agreement

17 October 2017

PCG Entertainment Plc

("PCGE" or the "Company")

PCG Entertainment Plc / Index: AIM / Epic: WSBN

Update on Equity Sharing Agreement

On 18 August 2017, the Company announced that it had entered into an Equity Sharing Facility arranged by RiverFort Global Capital ("RiverFort") (the "Announcement").

Further to this Announcement, the Company can confirm that it has received £8,249.33 as the first Monthly Payment.

Going forward, the Company intends to announce the results of their monthly payments in the second week of the month following the month in which the trading calculations are made.

For more information on PCGE please visit the Company's website www.pcge.com.

All definitions are as per the Announcement.

Enquiries:

PCG Entertainment PLC

Richard Poulden, Chairman Tel: +44 207 812 0645

Allenby Capital Limited

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

Beaufort Securities Limited

Elliot Hance Tel: +44 20 7382 8300

Damson Communications

Abigail Stuart-Menteth/Amelia Hubert Tel: +44 20 7812 0645