Issue of Equity, Total Voting Rights

THIS ANNOUNCEMENT REPLACES THE ANNOUNCEMENT WITH RNS NUMBER 1435R AND HEADLINE "ISSUE OF EQUITY AND TOTAL VOTING RIGHTS" PUBLISHED AT 10.22 TODAY. THE HEADING IN THE TEXT "ISSUE OF SHARES TO CONSULTANT" SHOULD HAVE READ "ISSUE OF SHARES TO FINANCIAL CONTROLLER", AND IN THE FIRST PARAGRAPH, THE REFERENCE TO "CONSULTANT" SHOULD HAVE READ "FINANCIAL CONTROLLER, ELISA SPAHIN" AND THE SENTENCE "IN LIEU OF CASH REMUNERATION" SHOULD HAVE READ "AS PER CONTRACT ". ALL OTHER TEXT REMAINS THE SAME.

Gana Media Group plc

("GANA" or "the Company" or "the Group")

Issue of shares to Financial Controller, 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, announces the issue of 9,928,742 Ordinary Shares of 0.01p each to the Financial Controller, Elisa Spahin, at 0.2518p per share as per contract.

Application will be made to the London Stock Exchange for admission of the 9,928,742 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 24 August 2026.

Total Voting Rights ("TVR")

Following the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 18,120,885,979 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury.

The total warrants and options in issue remains 2,900,472,994 representing 16.0% of the Company's Enlarged Issued Share Capital.