Business
Exercise of Warrants and TVR
Gana Media Group plc announced the exercise of 544,133,566 warrants at 0.15p per share, generating £816,200 in proceeds, with no further warrants outstanding except those issued in December 2025. Application will be made for the admission of these new ordinary shares to the London Stock Exchange, expected to be effective around March 26, 2026. Following this, the company's total issued share capital stands at 17,735,957,237 ordinary shares. Directors Stefano Loreti, Mark Epstein, Tom Gutteridge, and John Barker exercised warrants, resulting in changes to their respective shareholdings and percentages. Disclaimer*
About this update from Gana Media Group Plc
[{"type":"text","content":"\n\n20 March 2026\n \nGana Media Group plc\n(\"GANA\" or \"the Company\" or \"the Group\")\n \nExercise of Warrants, Total Voting Rights (\"TVR\")\n \nGana Media Group plc (formerly Mobile Streams plc), the AIM quoted content and data intelligence company which aims to create a leading integrated sports, media and entertainment conglomerate focused within the Latin American region, and particularly the Mexican market, is pleased to announce the exercise of warrants by a number of investors including Directors and PDMR as outlined below.\n \nIn total, 544,133,566 warrants have been exercised at 0.15p per share, resulting in proceeds received of £816,200. No further warrants remain outstanding, other than those at 0.75p issued in connection with the fund raise in December 2025.\n \nApplication will be made to the London Stock Exchange for admission of the 544,133,566 Ordinary Shares resulting from the issue of these warrants. It is expected that admission will become effective and dealings in these Ordinary Shares will commence at 8.00 a.m. on or around 26 March 2026.\n \nFollowing these exercises, the holdings of the Directors and PDMR who have exercised warrants today are as shown below.\n \n\n\n\n\n\n\n\nWarrants Exercised\n\n\nResultant Shareholding\n\n\n%\n\n\n\n\nStefano Loreti\n\n\n218,258,929\n\n\n876,357,852\n\n\n4.94\n\n\n\n\nMark Epstein\n\n\n23,883,929\n\n\n1,144,813,398\n\n\n6.45\n\n\n\n\nTom Gutteridge\n\n\n23,883,929\n\n\n210,648,473\n\n\n1.19\n\n\n\n\nJohn Barker\n\n\n69,053,391\n\n\n417,454,515\n\n\n2.35\n\n\n\n\n \nTotal Voting Rights (\"TVR\")\nFollowing the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 17,735,957,237 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury.\nTherefore, the above figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.\n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nN...