MEGA Am Mega Cap

MegaVillage Systems PLC confirms the conversion of the Company from a SPAC to
the holding company of a "modular construction system of emergency
accommodation" The purpose of MegaVillage Systems PLC (MegaVillage) is to
ensure the rapid and sustained care of people in need, with modern and safe
accommodation. MegaVillage is focuses on versatile solutions for emergency
accommodations and need of housing. MegaVillage can help with many-sided
solutions for emergency lodgings as well as solving living space production
also in extreme operational areas. Our patented lightweight house system was
primarily designed to accommodate homeless people quickly and efficiently. The
concept is based on an expandable modular system. It is uniquely suited to
protect people from environmental factors such as extreme cold, heat or rain.
Even in cases in which thousands of people have to be accommodated, the concept
of MegaVillage is ideally suited to meet these demands. In international
operations, it depends mainly on speed and functionality. Space systems must be
available quickly, easily transportable and can be used on site as soon as
possible. MegaVillage meets these requirements and the series of MegaVillage
Basic One is a low cost solution to meet these different requirements and
applications. We offer our customers extensive logistical support, optional
special constructions as well as experienced site managers and mounting teams
to support our partners in nearly every place in the world.

"The takeover of the Company is classified as a Reverse Takeover under the GXG
First Quote Market Rules for Issuing Companies and, accordingly, trading in the
Company's shares will be suspended with immediate effect pending the provision
of information to GXG Markets in accordance with these Rules."

For further information please contact:

MegaVillage Systems PLC

Phone: +49 2156 7745454
Email: Info@megavillage.de
Website: www.megavillage.de