Result of Annual General Meeting

30 June 2020                                                           

GYG PLC

Result of Annual General Meeting ("AGM")

GYG plc (AIM: GYG), the market leading superyacht painting, supply and maintenance company, is pleased to announce that all resolutions as set out in the Notice of AGM dated 5 June 2020 were duly passed today by the requisite majority.   Each of the resolutions put to the AGM was voted on by way of a poll, and the results of each poll will shortly be available on the Company's website, www.gygplc.com.

For further information:

Notes to Editors:

GYG is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company's brands include Pinmar, Pinmar Yacht Supply and Technocraft. GYG's operations can be divided into three key sales channels:

·    Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding and containment work;

·      New Build: fairing and painting of new vessels as part of the build process; and

·   Supply: selling and delivery of maintenance materials, consumables, spare parts and equipment primarily to trade customers.