RNS Number: 7123 S Gfinity PLC 10 July 2020 10 July 2020. Gfinity, a world-leading esports and gaming solutions provider, announces that as a result of the issue of 3,982,107 ordinary shares on 7 July and 11,845,500 ordinary shares today as a result of the exercise of warrants, the issued share capital of the Company at the date of this announcement comprises...
RNS Number: 1387 S Gfinity PLC 06 July 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5786 R Gfinity PLC 30 June 2020 30 June 2020. Gfinity, a leading eSports business, a world-leading esports and gaming solutions provider, announces that as a result of the issue of 2,750,000 ordinary shares in June due to the exercise of warrants, the issued share capital of the Company at the date of this announcement comprises 725,868,253 ordinary...
Gfinity plc* (GFIN.L, 1.625p/£14.0m) JV: Further expansion into motorsports (04.06.20) Five-year agreement with Abu Dhabi Motorsport Management (ADMM) to design, develop and deliver a new virtual motorsport (esports) racing championship (ERC). The ERC will be jointly owned by Gfinity and ADMM. The ERC will have a unique format and will feature professional simulation racing drivers with a roster of teams from digital motorsport. There will be two seasons per calendar year with the inaugural season taking place in 2020. The races will be hosted by Gfinity with drivers joining remotely and competing in a bespoke, single seater car. Gfinity's proprietary Race Control technology will be used for in-race adjudication and for data feeds for fans. Gfinity will be paid for the provision of services, including production and tournament operations. The JV partners will be responsible for commercialisation (media rights, sponsorship etc) and share revenue. The Gfinity Digital Media group will work with ADMM's marketing and social media teams to build new channels and a base of global racing fans under the ERC brand. This will be supported by Gfinity's existing global gaming community and sites, including the recently launched Arabic www.realgaming.me that was created in partnership with YaLLa Esports in April. Forecasts are currently under review. Allenby Capital comment: The agreement fits with Gfinity's strategic focus on motorsports where the company has considerable expertise and ties in well with April’s agreement with YaLLa Esports to grow the reach of RealGaming101 in MENA. The JV and multi-year structure demonstrate the value that Gfinity brings. Gfinity and ADMM will share the revenue from the commercialisation of the content – media rights, sponsorship etc - whilst Gfinity will be paid for design, production and tournament operations. The revenue share offers considerable upside. ADMM is an important player in motorsports, operating the Formula 1 Abu Dhabi Grand Prix. It is based at the Yas Marina Circuit and plans and delivers >400 events per annum (motorsports, health and fitness, and corporate events). The absence of live events has accelerated the investment by traditional sports rights holders and media companies into esports as a means of reaching a younger demographic. Gfinity has proven skills in designing and delivering quality events and growing a substantial esports audience. * Allenby Capital acts as Nomad and Broker to Gfinity plc. #GFIN
RNS Number: 8914 O Gfinity PLC 04 June 2020 The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation No. 596/ 2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public...
RNS Number: 3954 O Gfinity PLC 29 May 2020 29 May 2020. Gfinity, a world-leading esports and gaming solutions provider, announces that as a result of the issue of 18,554,500 ordinary shares in May due to the exercise of warrants, the issued share capital of the Company at the date of this announcement comprises 723,118,253 ordinary shares of 0.1 pence each, with one...
Gfinity plc* (GFIN.L, 1.675p/£12.0m) Contract win: Multi-year agreement with Formula 1 (19.05.20) Extended and expanded its relationship with F1 to deliver the main elements of the F1 Esports Series in 2020 and 2021, and the 2022 qualifying events. This includes Challenger Series qualifying events, Pro Draft live shows and the Pro Series. In addition, the previously announced F1 Esports Virtual Grand Prix Series has been extended to June of this year. Gfinity will deliver a dedicated account management team responsible for the delivery of all elements of the programme; a full league operations team responsible for writing all rules and governing the drivers participating in the tournament; and provide the use of 'Race Control', Gfinity's proprietary in-race adjudication system. The Gfinity Arena in London will also be the main venue for live broadcasts. The Virtual Grand Prix Series has replaced each live F1 Grand Prix that has been postponed. The first race, the Virtual Bahrain Grand Prix took place on Sunday 22 March 2020, with four subsequent Virtual Grand Prix in Vietnam, China, the Netherlands and Spain, and three F1 Esports Challenge Driver events. Audience numbers across multiple channels have remained good. Separately (26/05/20), announced the creation of Gfinity Digital Media and the launch of a new ecommerce platform ('Stealth Optional, Purchase Mandatory') and Gfinity Plus, a web-based rewards programme. Gfinity Digital Media has three direct revenue streams: web site takeovers and programmatic advertising; e-commerce; and content creation and community build projects. The division will be headed by Tala Musa, who is responsible for Gfinity's web and social channels. Forecasts currently under review. Allenby Capital comment: The largest contract in Gfinity's history, the extension and expansion of the relationship with F1 in a multi-year contract represents an important endorsement of the service that Gfinity has been providing since 2017 but also F1's commitment to esports. The events run by Gfinity, before and during the current lockdown, have drawn a growing and significantly younger audience than F1's traditional output. F1 recognises that it needs to engage with this younger demographic if it is to remain relevant going forward. This is an issue common to many other sports rights holders, particularly in the current absence of live events, and there is increased investment in esports. Although some of this enthusiasm will likely moderate once live events resume, we believe esports will continue to run in parallel and complement traditional sports. It is also notable that non-endemic brands and broadcasters are also embracing the genre. Gfinity is well positioned to capitalise on the opportunity. The launch of the other initiatives demonstrates Gfinity's strategy of revenue diversification and driving value from what it owns and creates. * Allenby Capital acts as Nomad and Broker to Gfinity plc. #GFIN
RNS Number: 9993 N Gfinity PLC 27 May 2020 27 May 2020. Gfinity, a world-leading esports and gaming solutions provider, announces that an application has been made to the London Stock Exchange for a block admission to trading on AIM of 143,842,750 new ordinary shares of 0.1 pence each in the Company. The Block Admission is being made for the issue and allotment of...
RNS Number: 8349 N Gfinity PLC 26 May 2020 The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation No. 596/ 2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public...
RNS Number: 4594 N Gfinity PLC 20 May 2020 The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation No. 596/ 2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public...
RNS Number: 2650 N Gfinity PLC 19 May 2020 19 May 2020. Gfinity plc, a leading esports and gaming solutions provider, announces that it has received warrant exercise notices over an aggregate of 14,650,000 new ordinary shares of 0.1 pence each in the capital of the Company with an exercise price of 1 penny per share, providing the Company with proceeds of £146,500..
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The esports industry represents an exciting investment opportunity, and Gfinity is the only established UK listed company in the esports sector. In 2018, global esports revenue grew 38%, with a projected esports market value of $1.5bn by 2020.

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