PCG Entertainment : Result of EGM and update on the Capital Reorganisation

15 January 2018

PCGE ENTERTAINMENT PLC

("PCGE", THE "COMPANY" OR THE "GROUP")

PCG ENTERTAINMENT PLC / INDEX: AIM / EPIC: PCGE

Result of EGM and update on the Capital Reorganisation

The Company is pleased to confirm that all resolutions were passed at today's EGM. Further to its announcement of 21 December 2017 (the "Announcement"), the Company will now progress the Capital Reorganisation. All defined terms are as per the Announcement.

Capital Reorganisation

The Company's existing issued share capital of 3,524,940,510 Existing Ordinary Shares will be consolidated on the basis of 5 Existing Ordinary Shares into one Consolidated Share, and in turn, each Consolidated Share will be sub-divided into one New Ordinary Share of 0.1 pence and one Deferred Share of 0.4 pence.The Capital Reorganisation will be undertaken today at 6.00pm.

The International Securities Identification Number ("ISIN") of the New Ordinary Shares is GI000A2JBQ88. The New Ordinary Shares will be admitted to trading on AIM at 8.00 am on 16 January 2018 ("Admission").

Total Voting Rights

Following Admission, the Company's enlarged issued voting share capital will comprise 704,988,102 New Ordinary Shares. The Company does not hold any shares in treasury.This figure of 704,988,102 New Ordinary Shares may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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PCG Entertainment PLC