Good Life Plus PLC - Initiation of Research and Corporate Update

For release: 07.00, 26 June2024

Good Life Plus Plc

(the "Company" or "Good Life Plus")

Initiation of Research and Corporate Update

Good Life Plus Plc (AQSE: GDLF), an innovator in the luxury prize draw and rewards sector, is pleased to announce that Tennyson Securities ("Tennyson") has initiated research on the Company with an initial target price of 4.24 pence.  This research note is available, subject to the terms and conditions, from the Tennyson website research portal.  

The Company continues to make significant strides in expanding its market presence by establishing new channels and forming partnerships with household blue-chip brands and media partners.  The recent introduction of deals with well-known names such as HelloFresh, Beer52, Radisson Hotels, and Vue Cinemas has also strengthened the company's brand association and enhanced its SEO efforts. Additionally, Good Life Plus has launched media campaigns centred around the UEFA Euro 2024 tournament, aiming to leverage visibility and boost subscriber growth, which recently surpassed the 30,000¹ mark. This growth has been driven by rising demand, efficient marketing, and recent capital injections from leading investors such as Mark Blandford.

The Company has also committed to good causes by backing a generation of talented new young British athletes such as racing driver Abbi Pulling and boxer Dan Azeez.  Abbi, a talented British racing driver, is making waves in motorsport with ambitions to reach Formula 1. Dan, a British professional boxer, has captured all British Boxing Board of Control domestic titles in the light-heavyweight division. Both athletes receive strong support from Good Life Plus, showcasing the Company's dedication to fostering talent and promoting positive community impact.

¹ Subscribers or Active Members as defined in the Company's Admission Document dated 29 November 2023.

This announcement contains information that, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

The Directors take responsibility for this announcement.

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For further information please visit Good Life Plus Plc or contact:

Good Life Plus Plc                                                                                                                                    +44 (0)7500 929157

Charlie Chadd, Chief Executive

Novum Securities Limited

AQSE Corporate Advisor

David Coffman / Daniel Harris / George Duxberry                                                                           +44 (0)20 7399 9400

Tennyson Securities (Broker)

Peter Krens / Alan Howard                                                                                                                                  +44 (0) 20 7186 9030

Belvedere Communications Limited

Financial Media and Investor Communications

John West / Lily Pearce                                                                                                                        + 44 (0)20 7653 8702

goodlifeplus@belvederepr.com