Fundraise

Summary by AI BETAClose X

NYCE International Plc has secured £100,000 in loan funding from existing shareholder Gana Media Group Plc to support working capital requirements. This loan carries a 7% annual coupon and is repayable within twelve months from March 9, 2026. The transaction is considered a related party transaction due to the CEO of NYCE also being a non-Executive Director of Gana; however, the independent directors of NYCE have confirmed the terms are fair and reasonable for shareholders. Discussions are ongoing between the companies to explore operational synergies, including the potential integration of NYCE's 'NirmataPlay' games aggregator into Estadio Gana Mexico.

Disclaimer*

NYCE International PLC
13 March 2026
 

13 March 2026

 

NYCE International Plc

 

("NYCE INTERNATIONAL", "NYCE" or the "Company")

 

Fundraise

 

NYCE International Plc (AQUIS: NYCE) announces it has raised £100,000 (the "Loan Funding") via a loan from Gana Media Group Plc ("Gana"), an existing shareholder of the Company.  Proceeds will be used to fund the Company's working capital requirements.

 

The Loan Funding will be provided by Gana in tranches as required by the Company. The Loan has a coupon of 7% per annum and is repayable within 12 months from 9 March 2026. 

 

Gana and NYCE continue to identify operational synergies and are in discussions to integrate 'NirmataPlay' games aggregator (a wholly owned subsidiary brand of NYCE) into Estadio Gana Mexico.

 

NirmataPlay is NYCE International's proprietary iGaming aggregator designed to streamline and accelerate access to top-performing game content. It connects casino operators and digital platforms with a curated network of global game studios through a single, unified integration.

 

 

Related Party Transaction

 

Farzad Peyman-Fard, CEO of NYCE, is also a non-Executive Director of Gana. The provision of loan funding has therefore been deemed to constitute a related party transaction for the purposes of Rule 4.6 of the AQSE Growth Market Access Rulebook.  The Directors of NYCE, with the exception of Farzad Peyman-Fard, confirm that, having exercised reasonable care, skill and diligence, the terms of the transaction are fair and reasonable insofar as the shareholders of NYCE are concerned.

 

For further information, please contact:

 

 

Nyce International Plc


Farzad Peyman-Fard, CEO

Harmen Brenninkmeijer, Chairman

 

 

enquiries@nyceint.com

Oberon Capital (AQSE Corporate Adviser, Broker)

 

Nick Lovering

Adam Pollock

Aimee McCusker

 

Tel: +44 (0) 203 179 5300

 

 

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