VWoosh loan update

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Gate Ventures PLC
VWoosh loan update
ISIN number: GB00BYX2WP92
TICKER: GOAL
Gate Ventures PLC
Press release

February 18, 2020

Gate Ventures PLC

(“Gate Ventures” or “Gate” or the “Company”)

VWoosh loan update

Gate Ventures PLC, a global media and entertainment company, announces a £ 35,000 loan granted to vVoosh Limited in October 2018.

The Board of Gate was advised that the loan was not a material loan and did not require disclosure. Now, however, it appears that the Duchess of York, who was a director of Gate Ventures at the time the loan was granted, had a very small stake in vVoosh through a company called La Luna Investments, in which she is a major shareholder. This interest was not disclosed to the company at the time Gate VWoosh granted the loan. Beyond introducing the company to Gate, the Duchess of York had no influence on the loan decision. The loan is currently being repaid and the outstanding amount is less than the original amount.

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Further inquiries:

Gate Ventures PLC (The Company): [email protected] // +44 (0) 20 3150 2477
Keswick Global AG (Certified Consultant): [email protected] // +43 1 740 408045
Rossen & Company ApS (finance PR): [email protected] // +45 2072 9972

About Gate Ventures PLC:

Gate Ventures PLC, a global media and entertainment company, was founded in 2015 to exercise active participation in various production platforms in the fields of film, lifestyle and theater. Led by high-ranking investment profiles and prominent figures within the UK entertainment sector, the board has raised over 28 million euros worldwide to date.

Gate Ventures PLC has been listed on NASDAQ First North in Copenhagen since 2017. Positions include Rise Art Ltd. (15%) Fagara in Mara, 2018 (10%), Theory of Ambitions, 2018 (2.5%), Bink (4%), Ensygnia (7%), Infinity Creative Media (16%) and Tor -reality ( 100%).

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