6 May 2022

GYG plc

("GYG" or the "Company")

PUBLICATION OF ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING ("AGM")

GYG (AIM: GYG), the market leading global superyacht service and supply group, announces that, following the release of its final results for the year ended 31 December 2021 on 27 April 2022, an electronic copy of the 2021 Annual Report and Financial Statements (the "2021 Annual Report"), together with the notice convening the 2022 AGM (the "Notice") have now been published on the Company's website at https://www.gygplc.com/investor-relations/investor-relations-company-reports/.   The AGM will be held at the offices of FTI Consulting LLP, 200 Aldersgate, Aldersgate Street, London, EC1A 4HD at 2.00 pm on 31 May 2022.

Printed copies of the 2021 Annual Report and the Notice have been posted today to registered shareholders who have elected to receive paper communications.

Whilst it is currently anticipated that shareholders will be able to attend this year's AGM in person, the Company is committed to following applicable Government COVID-19 guidance and, if any restrictions are in place as at the date of the meeting, these will be observed.  The Company will continue to review Government guidelines and any changes to the AGM arrangements will be communicated to shareholders before the meeting through the Company's website (www.gygplc.com) and, where appropriate, by RNS announcement.

Shareholders are invited to submit questions to the Company in advance of the AGM by sending an email to gyg@fticonsulting.com by 25 May 2022, and answers to the questions will be given at the meeting and returned to shareholders.  If shareholders are able to attend the AGM in person, questions on the business of the meeting will also be allowed at the meeting.

ENDS

For further information, please contact:

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, containment and the removal and repair of fittings

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

·      Supply: the sale and delivery of maintenance materials, consumables, spare parts and equipment primarily to superyachts and trade customers