4 October 2017
PCG Entertainment Plc("PCGE" or the "Company")
PCG Entertainment Plc / Index: AIM / Epic: WSBN
Update on Equity Sharing AgreementOn 18 August 2017, the Company announced that it had entered into an Equity Sharing Facility with RiverFort Global Capital ("RiverFort") (the "Announcement"). Further to this announcement, the Company can confirm that it is currently in discussions with RiverFort regarding the exact terms of the first Monthly Payment, which it expects to announce in the second week of October 2017.
Going forward, the Company intends to announce the results of their monthly drawdowns in the second week of the month after each individual drawdown.
For more information on PCGE please visit the Company's website www.pcge.com.
All definitions are as per the Announcement.
Enquiries:
PCG Entertainment PLCRichard Poulden, Chairman Tel: +44 207 812 0645
Allenby Capital LimitedNick Naylor/Nick Harriss/James Thomas Tel: +44 20 3328 5656
Beaufort Securities LimitedElliot Hance Tel: +44 20 7382 8300
Damson CommunicationsAbigail Stuart-Menteth/Amelia Hubert Tel: +44 20 7812 0645
PCG Entertainment plc published this content on 04 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2017 06:14:07 UTC.
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