Gaming Realms Regulatory News (GMR)

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Pursuit Dynamics PLC (the "Company") to be renamed Gaming Realms PLC on admission

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Registered Office of the Company prior to admission:

Botanic House

100 Hills Road

Cambridge CB2 1PH

Registered Office of the Company following admission:

c/o Memery Crystal LLP

44 Southampton Buildings

London WC2A 1AP

COUNTRY OF INCORPORATION:

United Kingdom

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.pdx.biz

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

The Company, on admission, will be the holding company of 3 businesses developing products in the social gaming and real money gambling markets.

The Proposed Directors were the management team behind Cashcade Limited, which included the award-winning Foxy Bingo, and was sold to Bwin.party in 2009, for an aggregate consideration of approximately £96 million.

The Enlarged Group's principle businesses are:

• BingoGodz, an online bingo game playable for real money via mobile, tablet and desktop; due to be launched in the third quarter of 2013. BingoGodz's secondary brand is CastleJackpot, a web and mobile based casino product which is based on the same technology as BingoGodz;

• Bejig, a developer and operator of multiplayer online social real money games. Its first game, Avatingo, was launched on Facebook in August 2011 and has over two million players. New Facebook social gaming apps just launched include Five Star Slots, a virtual currency online casino; and

• AlchemyBet, a developer and operator of mobile slot and casino-themed real money gambling games. Its first brand, Pocket Fruity, was launched in May 2012 and currently has 17 proprietary games which undergo continuous development in order to keep players interested and maximise their lifetime value.

The Proposed Directors include former Cashcade founders Michael Buckley (Executive Chairman), Patrick Southon (Chief Executive Officer) and Simon Collins (Executive Director) as well as Mark Segal (Finance Director). The Enlarged Group's non-executive directors are Jim Ryan, former Co-CEO of Bwin.party plc, and Mark Wilson, currently a strategic adviser to Sky International and previously with Television Games Network.

The Company's main country of operation for real money gambling is the United Kingdom. Social Gaming does not have the same legislative restrictions and hence is available broadly worldwide. Admission is sought as a result of a reverse take-over under Rule 14 of the AIM Rules for Companies.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

A share consolidation is being undertaken prior to admission, resulting in every 10 existing ordinary shares of 1 penny each being consolidated into one new ordinary share of 10 pence.

The enlarged issued share capital to be admitted to AIM is 146,333,690 ordinary shares of 10 pence each, on a post consolidation basis.

There are no restrictions on the transfer of ordinary shares.

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Approximately £3.4 million is to be raised on admission through a placing of new 26,230,846 ordinary shares of 10 pence each in the Company. The placing price of each placing share is 13 pence.

The anticipated market capitalisation (based on the placing price) of the Company on admission is approximately £19 million.

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

TBC

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

No other exchanges or platforms

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Existing Directors of the Company

Bernard Bernie Bulkin (Chairman & Non-Executive Director)

Paul Banner (Non-Executive Director)

Phil Corbishley (Non-Executive Director)

Proposed Directors of the Company on Admission

Michael Buckley (Proposed Chairman)

Patrick Southon (Proposed Chief Executive Officer)

Mark Segal (Proposed Finance Director)

Simon Collins (Proposed Director)

James (Jim) Ryan (Proposed Non- Executive Director)

Mark Wilson (Proposed Non- Executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Before Admission

After Admission (TBC)

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 30 September

(ii) 31 March 2013

(iii) 31 March 2014, 30 June 2014, 31 March 2015

EXPECTED ADMISSION DATE:

1 August 2013

NAME AND ADDRESS OF NOMINATED ADVISER:

Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS

NAME AND ADDRESS OF BROKER:

Cenkos Securities plc, 6.7.8 Tokenhouse Yard, London EC2R 7AS

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Copies of the Admission Document will be available to view at the Company's registered office address being until Admission, c/o Mills & Reeve LLP, Botanic House, 100 Hills Road, Cambridge CB2 1PH and post Admission, c/o Memery Crystal LLP, 44 Southampton Buildings, London WC2A 1AP, United Kingdom. The Admission Document will also be available at www.pdx.biz.

The Admission Document will contain full details about the Company and the admission of its securities.

DATE OF NOTIFICATION:

15 July 2013

NEW/ UPDATE:

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