Management accounts to 30 Jun 2026 and 31 Dec 2025

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Nyce International plc (AQUIS: NYCE) announces its unaudited management accounts reports for the six months ended 30 June 2026 and 31 December 2025.

For further information, please contact:

Nyce International plc

Oberon Capital

(AQSE Corporate Adviser)

Nick Lovering / Adam Pollock                                   +44 (0) 20 3179 5300

Chairman Statement

NYCE International Plc (the "Company" or "NYCE") is a publicly traded company on the Aquis Stock Exchange Growth Market, specialising in B2B gaming technology and services.

The first half of 2026 was a period of continued operational progress across the Group's divisions, alongside a more challenging funding environment for growth-stage businesses. While the group continued to expand its commercial activities and develop its product portfolio, the Board devoted significant attention to its working capital position and future funding requirements while maintaining financial discipline and evaluating strategic options available.

Activities during the period

During the period, the Company continued to develop its divisional structure, with each business unit contributing to commercial progress and platform development.

The Marketplace Division expanded its partner network during the period, supporting commercial activity, strategic relationships, venture development, and regional expansion. Through the Company's strategic partnership with Yogonet.com, over 80 partner articles were published across its International, LatAm and Brazil editions, generating approximately 428,000 content views between February and May 2026.

iNNOVASSION continued development of its technology portfolio, including its "Inavede" Player Account Management platform and "Obetify" Operator UX Builder. The division also assumed responsibility for Nirmata Play's technology partnership, supporting integration, platform development and game delivery initiatives across the wider ecosystem.

ClickSpin Media expanded its managed services offering, by delivering performance marketing and operational support to online gaming brands. During the period, the business launched its first European streamer campaigns and continued to expand player acquisition initiatives across multiple jurisdictions.

Nirmata Play continued the development of its aggregation platform, onboarding additional game providers bringing the current total games library to over 2,200 games.

Alongside these operational developments, the Board continued to address the group's funding requirements and broader corporate priorities by reducing costs, where possible and evaluating a number of funding options.

During the first six months of 2026, revenue increased by 227% year-on-year to £394K.

The Company raised £150K through a combination of debt and equity funding during the period. Despite this progress, the Board recognises that additional working capital would be required to support the continued development of the group's growth ambitions.

Corporate

In February, the Board received an unsolicited approach for the Group which, if successful, would have involved a share proposal from a larger listed company to issue equity consideration to shareholders of NYCE, at a level that implied a significant premium to the market capitalisation of NYCE.  These discussions were progressed but ultimately concluded without an agreement being reached.  Unfortunately, there was a cost associated with these discussions, and involved a distraction to management from the operating activities of the Company.

On cessation of discussions, the Board initiated a review of strategic and financing alternatives aimed at strengthening the Company's financial position and supporting its future development. As part of this process, shareholders approved a share capital reorganisation and related resolutions at the Company's Annual General Meeting held on August 6, 2026, providing the Company with greater flexibility in relation to future financing initiatives.  As disclosed on 28 July 2026, the Company will require additional working capital in the near term. Accordingly, the Board is reviewing a number of strategic and financing alternatives and remains focused on identifying a structure that provides the Company with sufficient working capital, supports the continued development of its operating businesses, and offers the best available outcome for all stakeholders.

There can be no certainty that any proposed transaction, fundraising or alternative strategic arrangement will be completed, or as to the terms of any such arrangement.

Outlook

The second half of 2026 will be an important period for the Company.

The Board's immediate focus is on securing the necessary resources required to support the continued development of the group's operating business while evaluating the strategic alternatives available to it.

Alongside this process, management remains focused on supporting existing partners, progressing commercial opportunities, and bringing the group's technology and service offerings to market.

The Company will continue to update shareholders as material developments occur.

Harmen Brenninkmeijer
Chairman