Media and Games Invest plc: Media and Games Invest - Corporate name change completed

Valletta, Malta, 17 June 2019 - The new corporate name of the former blockescence plc is Media and Games Invest plc or MGI, with immediate effect (Securities Identification Number WKN: MT0000580101; symbol: BCK). The corresponding change of the corporate name has been entered in the Maltese commercial register. At the extraordinary general meeting on 29 May 2019, the change of name of the company proposed by the Board of Directors to Media and Games Invest plc was unanimously adopted by the shareholders present. The new corporate name better reflects its focus. In the wake of the change of name, the stock exchange symbol will be changed from BCK to M8G.

Remco Westermann, CEO: "The change of name makes the company's positioning apparent to investors at first glance. We are pleased that our shareholders approved the proposed name change unanimously."

About Media and Games Invest plc, previously blockescence plc:

Media and Games Invest plc is a strategic investment holding company focusing on a 'buy, integrate, build & improve' strategy for fast-growing companies in the media and games markets. MGI's portfolio companies are growing through acquisitions and organic growth. New technologies are actively used to improve efficiency and create competitive advantages within the portfolio companies. A key criterion in complementing the portfolio are potential synergies between the investments. The most important investments are among others gamigo AG, a fast-growing company in the gaming and media sector, in which Media and Games Invest holds 38% of the shares and 53% of the voting rights, and Applift GmbH, a leading media company specializing in mobile advertising. Media and Games Invest has its headquarters in Valletta (Malta), has subsidiaries in Switzerland and Germany and is listed on the Frankfurt Stock Exchange and XETRA.

Press contact:

edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
Phone: +49 69 9055 05 51
E-mail: gamigo@edicto.de

Issuer
Media and Games Invest plc
St. Christopher Street 168
Valletta VLT 1467
Malta
E-mail: info@media-and-games-invest.com
Web-Page: www.media-and-games-invest.com

About Media and Games Invest

Media and Games Invest plc, MGI, is a fast and profitable growing company in the digital media and games sectors. The company combines organic growth with value-generating synergetic acquisitions, demonstrating continues strong profitable growth. In the past 6 years, the MGI Group has successfully acquired more than 30 companies and assets. The acquired assets and companies are consequently integrated, and amongst others cloud technologies are implemented to generate efficiency improvements and competitive advantages. Media and Games Invest is listed on the Frankfurt Stock Exchange and on XETRA.

Media and Games Invest
St. Christopher Street 168
Valetta VLT 1467
Malta