Issue of Equity

22 December 2016

PCG Entertainment Plc

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

PCG Entertainment Plc / Index: AIM / Epic: PCGE

Issue of Equity

PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific online media and entertainment company, today announces that it has issued 13,333,333 ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of the Company at a price of 0.15p each in settlement of accounts payable to Beaufort Securities, the Company's broker, to a value of £20,000 (the "Shares").

Application has been made to the London Stock Exchange for admission of the Shares to trading on AIM ("Admission"). It is expected that Admission will occur on 30 December 2016. The Shares will rank pari passu with the existing issued Ordinary Shares.

Following the issue of the Shares, and for the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital on Admission will consist of 1,339,226,221 Ordinary Shares.

For further information: