Update on the Equity Sharing Agreement

20 November 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 the Announcement, the Company announces that whilst it is due to pay £500.67 to D-Beta One EQ, Ltd as a result of trading in the Company's shares during October 2017, D-Beta One EQ, Ltd has waived their right to this repayment and that it will be adjusted for in future trades.

Going forward, the Company intends to announce the receipts from the Equity Sharing Facility on a quarterly basis.

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 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