Live Company Group PLC Update on Bright Bricks Deferred Consideration (3073Q)
October 18 2019 - 2:00AM
UK Regulatory
TIDMLVCG
RNS Number : 3073Q
Live Company Group PLC
18 October 2019
18 October 2019
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
Update on Bright Bricks Deferred Consideration
Live Company Group plc (AIM: LVCG) announces that, further to
the announcement of 5 October 2018, and the update provided in the
Company's Interim Results, announced on 30 September 2019, the
Company continues to be in advanced discussions with the vendors of
Bright Bricks Holdings Limited regarding the settlement of the
deferred consideration of, in aggregate, GBP0.833 million, due
today, through the issue of new ordinary shares. Further
announcements will be made as appropriate.
Enquiries:
Live Company Group Plc Tel: 020 7225 2000
David Ciclitira, Chairman
Ruth Cunningham, Chief Operating Officer
Strand Hanson Limited (Nominated Adviser) Tel: 020 7409 3494
Stuart Faulkner / Richard Tulloch / James Dance
Shard Capital Partners LLP (Broker) Tel: 020 7186 9952
Damon Heath
LIVE COMPANY GROUP
Live Company Group plc ("LVCG", the "Company" or the "Group") is
a live events and entertainment Company, founded by David Ciclitira
in December 2017. The Company was admitted to trading on AIM in
December 2017, following the reverse acquisition of Brick Live
Group and Parallel Live Group by LVCG.
The Group is a network of partner-driven fan-based shows using
BRICKLIVE created content worldwide. The Company owns the rights to
BRICKLIVE - an interactive experience built around the creative
ethos of the world's most popular construction toy bricks.
BRICKLIVE, which is fast becoming a leading children's education
and entertainment brand, actively encourages all to learn, build
and play, and provides inspirational events and shows where
like-minded fans can push the boundaries of their creativity.
Bright Bricks is the Group's production centre for building brick
based models. The Group is an independent producer of BRICKLIVE and
is not associated with the LEGO Group.
Website: www.livecompanygroup.com.
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END
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