THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

AFERIAN PLC

("Aferian", the "Company" and with its subsidiaries the "Group")

Appointment of Joint Administrators

Resignation of Nominated Adviser and Broker

Further to the announcements of earlier today, David Hudson and Philip Armstrong of FRP Advisory Trading Limited have been appointed as joint administrators of the Company (the "Joint Administrators").

The Joint Administrators have been appointed in respect of the Group's non-trading parent company, Aferian plc, only and not in respect of any of the trading subsidiaries within the Group, which continue to trade under the control of their directors.

Resignation of Nominated Adviser and Broker

As a result of the appointment of the Joint Administrators, Zeus Capital Limited has informed the Company of its resignation as Nominated Adviser and Broker to the Company with immediate effect. Pursuant to AIM Rule 1, if a replacement Nominated Adviser is not appointed within one month from the resignation of the current Nominated Adviser, the admission of the Company's shares to trading on AIM will be cancelled. The Company has no current intention of appointing a replacement Nominated Adviser.

The person responsible for arranging this announcement on behalf of the Company is Mark Carlisle, Chief Executive Officer.

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About Aferian plc

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our end-to-end solutions bring live and on-demand video to every kind of screen. We create the forward-thinking solutions that our customers need to drive subscriber engagement, audience satisfaction, and revenue growth.

It is our belief that successful media companies and services will be those that are most consumer-centric, data driven and flexible to change. We focus on innovating technologies that enable our customers to stay ahead of evolving viewer demand by providing smarter, more cost-effective ways of delivering end-to-end modern TV and video experiences to consumers. By anticipating technological and behavioural audience trends, our software solutions empower our customers to heighten viewer enjoyment, drive growth in audience share and ultimately their profitability.

Aferian plc has two operating divisions: 24i, which focusses on streaming video experiences, and Amino, which connects Pay TV to streaming services. Our two complementary companies combine their products and services to create solutions which ensure that people can consume TV and video how and when they want it. Our solutions deliver modern TV and video experiences every day to millions of viewers globally, via our growing global customer base of over 500 service providers.

Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM: symbol AFRN) and is headquartered in Cambridge, UK.

For more information, please visit www.aferian.com