Placing, Subscription & Director Shareholdings

About this update from Gana Media Group Plc

16 June 2026   Gana Media Group plc ("GANA" or "the Company" or "the Group")   Placing, Subscription, Director Shareholdings, Total Voting Rights ("TVR")   Gana Media Group 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 a Placing and Subscription by a number of investors including Directors to raise £750,000 before expenses as outlined below (the "Fundraise").   In total, 375,000,000 new Ordinary Shares of 0.01p each ("new Ordinary Shares") have been issued at 0.2p per share, resulting in proceeds received before expenses of £750,000. The Placing, undertaken by AlbR Capital raised a total of £235,000 before expenses, and the Subscription arranged by the Company raised £515,000. For each new Ordinary Share, one warrant exercisable at 0.4p per share, expiring 12 months following Admission will be issued (the "Warrants"). The issue price of 0.2p represents a 5% premium to the closing price on AIM on 11 June 2026 of 0.19p.   The Company is also pleased to update on Estadio Gana ( www.estadiogana.mx ), its licensed online casino and sportsbook in Mexico. Trading momentum has continued to build through the second quarter, with new registrations and wagering volumes (total betting) up significantly. The Board believes this growth supports the rationale for today's fundraising and positions the brand well for the World Cup window and beyond. The Company intends to use the proceeds of the Fundraise to increase spending on a number of key projects that we believe will energise our growth further.   Application will be made to the London Stock Exchange for admission of the 375,000,000 new Ordinary Shares which will rank pari passu with the existing ordinary shares of 0.01p in issue. It is expected that Admission will become effective and dealings in the Ordinary Shares will commence at 8.00 a.m. on or around 22 June 2026.   Following the Placing and Subscription, the holdings of the Directors who have Subscribed today (along with Farzad Peyman-Fard to update his Shareholding from that contained incorrectly in the Admission Document dated 19 December 2025) are as shown below.   Shares subscribed for Resultant Shareholding % of the Enlarged Issued Share Capital Stefano Loreti 25,000,000 901,357,852 4.98 Mark Epstein 15,000,000 1,159,813,398 6.40 John Barker 25,000,000 442,454,515 2.44 Farzad Peyman-Fard 0 81,244,777 0.45   Total Voting Rights ("TVR") Following the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 18,110,957,237 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury. Therefore, 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. Following the issue of the Warrants, this brings the total warrants and options in issue to 2,900,472,994 representing 16.0% of the Company's Enlarged Issued Share Capital.   1 D et ails of  t h e   p er son   d is c h a r gi n g   m a n ag er ial   re s p o n si b i li t i e s   /  p er son   c los e ly asso c ia te d a) Name Stefano Loreti 2 Reason for notification a) Position / status Director  b) I niti a l noti f i ca t i on /Am e ndm e nt Initial 3 D et ails   of   t h e   iss u er ,  e m ission   allo w a n c e   m a r k e t   p a rt i c i p a n t ,   a u ct i on p la t f o r m , a u ct io n ee r   or   a uc t ion   m o n i t or a) Name Gana Media Group plc  b) LEI LEI: 213800CJX7WW927QWP43  4 D et ails   of   t h e   t r a n sa ct i o n ( s ) : s ect ion   t o   b e   re p e a te d   f or   ( i )   e a c h   t y p e   ofi n s tr u m e n t ;  ( ii)   e a c h   t y p e   of   tr a n sa c t io n ;   ( iii)   e a c h   d a te ;   a n d   ( i v)   e a c h   p la c e  w h er e   tr a n sa ct io n s  h ave   b ee n   c o ndu cted a) D e s cr iption of the  f in a n c i a l inst r um e nt,  t y pe of   inst r um e nt   I d e nti f i ca tion  c o d e Ordinary shares of 0.01 pence each in Gana Media Group plc   ISIN GB00B0WJ3L68   Nature of the transaction Purchase of shares  c) Price(s) and volumes(s)   Price(s) Volumes(s) 0.2 pence 25,000,000    d) Aggregated information n/a e) Date of the transaction 15 June 2026 f) Place of the transaction London Stock Exchange, AIM (XLON)     1 D et ails of  t h e   p er son   d is c h a r gi n g   m a n ag er ial   re s p o n si b i li t i e s   /  p er son   c los e ly asso c ia te d a) Name Mark Epstein 2 Reason for notification a) Position / status Director  b) I niti a l noti f i ca t i on /Am e ndm e nt Initial 3 D et ails   of   t h e   iss u er ,  e m ission   allo w a n c e   m a r k e t   p a rt i c i p a n t ,   a u ct i on p la t f o r m , a u ct io n ee r   or   a uc t ion   m o n i t or a) Name Gana Media Group plc  b) LEI LEI: 213800CJX7WW927QWP43  4 D et ails   of   t h e   t r a n sa ct i o n ( s ) : s ect ion   t o   b e   re p e a te d   f or   ( i )   e a c h   t y p e   ofi n s tr u m e n t ;  ( ii)   e a c h   t y p e   of   tr a n sa c t io n ;   ( iii)   e a c h   d a te ;   a n d   ( i v)   e a c h   p la c e  w h er e   tr a n sa ct io n s  h ave   b ee n   c o ndu cted a) D e s cr iption of the  f in a n c i a l inst r um e nt,  t y pe of   inst r um e nt   I d e nti f i ca tion  c o d e Ordinary shares of 0.01 pence each in Gana Media Group plc   ISIN GB00B0WJ3L68   Nature of the transaction Purchase of shares  c) Price(s) and volumes(s)   Price(s) Volumes(s) 0.2 pence 15,000,000    d) Aggregated information n/a e) Date of the transaction 15 June 2026 f) Place of the transaction London Stock Exchange, AIM (XLON)     1 D et ails of  t h e   p er son   d is c h a r gi n g   m a n ag er ial   re s p o n si b i li t i e s   /  p er son   c los e ly asso c ia te d a) Name John Barker 2 Reason for notification a) Position / status Director b) I niti a l noti f i ca t i on /Am e ndm e nt Initial 3 D et ails   of   t h e   iss u er ,  e m ission   allo w a n c e   m a r k e t   p a rt i c i p a n t ,   a u ct i on p la t f o r m , a u ct io n ee r   or   a uc t ion   m o n i t or a) Name Gana Media Group plc  b) LEI LEI: 213800CJX7WW927QWP43  4 D et ails   of   t h e   t r a n sa ct i o n ( s ) : s ect ion   t o   b e   re p e a te d   f or   ( i )   e a c h   t y p e   ofi n s tr u m e n t ;  ( ii)   e a c h   t y p e   of   tr a n sa c t io n ;   ( iii)   e a c h   d a te ;   a n d   ( i v)   e a c h   p la c e  w h er e   tr a n sa ct io n s  h ave   b ee n   c o ndu cted a) D e s cr iption of the  f in a n c i a l inst r um e nt,  t y pe of   inst r um e nt   I d e nti f i ca tion  c o d e Ordinary shares of 0.01 pence each in Gana Media Group plc   ISIN GB00B0WJ3L68   Nature of the transaction Purchase of shares  c) Price(s) and volumes(s)   Price(s) Volumes(s) 0.2 pence 25,000,000    d) Aggregated information n/a e) Date of the transaction 15 June 2026 f) Place of the transaction London Stock Exchange, AIM (XLON)     This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulations (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is now considered to be in the public domain.     For further information, please contact:   Gana Media Group plc John Barker, Chairman +44 7711 920865 www.ganamediagroup.com   Beaumont Cornish (Nominated Adviser) James Biddle and Roland Cornish +44 (0) 20 7628 3396   AlbR Capital Limited (Broker) Lucy Williams and Duncan Vasey +44 (0) 20 7469 0930     Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

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