Update: Fundraising: Gate Ventures receives signed subscription letter for £2.5m

Gate Ventures PLC
Update regarding subscription of shares
ISIN Number: GB00BYX2WP92
TICKER: GATE
Gate Ventures PLC
Press Release                                                                                                  

September 14, 2018

Gate Ventures PLC
("Gate Ventures" or "Gate" or the "Company")

Update: Fundraising: Gate Ventures receives signed subscription letter for £2.5m

Gate Ventures PLC, a global media and entertainment operating company, announces today that further to the announcement made on July 4, 2018, the Directors confirm that the fundraising of £2,500,000 is still proceeding howeveritis now expected to close on or around November 17, 2018.

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Further Enquiries:

Gate Ventures PLC (The Company): assistance@gateplc.com // +44 (0) 20 3150 2477
Keswick Global AG (Certified Adviser): info@keswickglobal.com // +43 1 740 408045
Rossen & Company ApS (Financial PR): nic@rossen.com // +45 2072 9972

About Gate Ventures PLC:

Gate Ventures PLC, a global media and entertainment operating company, was founded in 2015 to exercise active ownership of various production platforms within film, lifestyle and theatre. Governed by senior investment profiles and prominent personas within the British entertainment sector, the board has raised over €28 million worldwide to date.

Since 2017, Gate Ventures PLC has been listed with NASDAQ First North in Copenhagen. Positions include Rise Art Ltd. (15%) Fagara in Mara, 2018 (10%),Theory of Ambitions, 2018 (2.5%), Bink (4%), Ensygnia (7%), PlayJam (25%), Infinity Creative Media (16%), 42nd Street (100%), Sunset Boulevard (100%) and Gate Reality (100%).

As of 2018, the executive board of Gate Ventures PLC is comprised of Lord Michael Ian Grade, Baron of Yarmouth (Chairman, CBE), Sarah, Duchess of York (Executive Director), Mr. Geoffrey Stanton Morrow (CEO), Mr. Michael Sidney Linnit (CSO), Mr. Richard James Carter (CFO, ACMA, CGMA) and Mrs. Anita Luu (COO).

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