GMD.L Regulatory News (GMD)

30 November 2016

GAME DIGITAL PLC

NOTICE OF AGM

PROPOSED RENEWAL OF AUTHORITY TO BUY BACK SHARES

AND

PROPOSAL TO SHAREHOLDERS FOR RENEWED

APPROVAL OF WAIVER OF RULE 9 OF THE CITY CODE

GAME Digital plc ("GAME" or the "Company") announces that it has today posted to shareholders a circular (the "Circular") containing a notice of its annual general meeting ("AGM"), including proposals regarding the renewal of the Company's authority to make market purchases of its ordinary shares of 1p each ("Ordinary Shares") (the "Buyback Authority") and renewed approval of a waiver of the requirements under Rule 9 of the City Code on Takeovers and Mergers (the "Code") (the "Waiver").

The AGM will be held at the Company's registered office at Unity House, Telford Road, Basingstoke, Hampshire, RG21 6YJ on 18 January 2017 at 11.00am.

In accordance with Listing Rule 9.6.1, a copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.Morningstar.co.uk/uk/nsm and on the Company's website at www.gamedigitalplc.com/investor-relations/shareholder-services/agm.aspx.

Waiver Resolution

Set out in the Circular is an ordinary resolution for the renewed approval of a waiver of the obligation which would otherwise arise, pursuant to Rule 9 of the Code, for Duodi Investments S.à r.l. ("Duodi"), the Company's major shareholder, or any other member of Duodi's concert party (together with Duodi, the "Concert Party") to make a general offer to the other shareholders of the Company for all of their Ordinary Shares as a result of market purchases of up to 17,085,910 Ordinary Shares by the Company pursuant to the Buyback Authority, which could potentially increase the Concert Party's aggregate shareholding from approximately 43.93 per cent of the total voting rights in the Company to a maximum of approximately 48.81 per cent of the total voting rights in the Company (the "Waiver Resolution"). Independent shareholders of the Company are being asked to approve the Waiver Resolution.

Potential effect of Buyback Authority on Concert Party holding

Duodi (an investment vehicle which is ultimately owned by Elliott International, L.P. and Elliott Associates, L.P.) and David Hamid (Chairman of the Company) are considered to be acting in concert for the purposes of the Code. As at the close of business on 25 November 2016 (being the latest practicable date prior to the publication of the Circular), Duodi and David Hamid were between them interested in 75,055,201 Ordinary Shares, representing approximately 43.93 per cent of the voting rights of the Company.

Assuming (i) the repurchase of 17,085,910 Ordinary Shares pursuant to the Buyback Authority, (ii) no participation or other sales of interests in Ordinary Shares by any member of the Concert Party in connection with any share repurchases or otherwise and (iii) no other change in the Company's issued share capital, the Concert Party's maximum potential interest in the Ordinary Shares if the Waiver is approved would be 48.81 per cent. The breakdown of the maximum holdings of each member of the Concert Party in this scenario would be as follows:

Ruth CartwrightCompany SecretaryTel: 01256 784229