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DJ PCG Entertainment plc Update on Planned Acquisition

TIDMPCGE

RNS Number : 0638E

PCG Entertainment plc

01 July 2019

1(st) July 2019

PCG Entertainment Plc

("PCGE", the "Company" or the "Group")

PCG Entertainment Plc / NEX: PCGE

Update on planned acquisition

Vox Markets and Align Research

The Board of PCGE are pleased to announce that the proposed acquisition of VOX Markets Ltd ("VOX") and Align Research Ltd ("Align") by PCGE, previously announced on 21(st) March 2019 is progressing well.

The new group will be listed on the NEX Exchange and we have signed a heads of agreement on the proposed terms. It is likely that the proposed transaction will constitute a reverse merger under the NEX rules and the final proposal will be the subject of an EGM and approval by PCGE's shareholders.

Further updates including the proposed EGM date will be announced in the near future.

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

PCG Entertainment PLC

Richard Poulden, Chairman

Tel: +44 207 183 7407

Corporate Adviser - First Sentinel Corporate Finance

Brian Stockbridge

Liza Vasilyeva

Tel: +44 207 183 7407

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(END) Dow Jones Newswires

July 01, 2019 10:00 ET (14:00 GMT)