RCS - Live Company Group - Ocean Race Update

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09/02/2023 07:00

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RNS Number : 3774P  Live Company Group PLC  09 February 2023

9(th) February 2023

 

LIVE COMPANY GROUP PLC

("LVCG", the "Company" or the "Group")

 

OCEAN RACE UPDATE

 

Live Company Group Plc are pleased to provide an update on the Ocean Race.

 

Live Company Sports and Entertainment (LCSE) have organized the Cape Town
stopover and visitors are currently being welcomed ready to see the leading
boats arrive in the city for their haul-out stop.

 

This Leg 2 of the Ocean Race will see the leading boats arrive on 13(th)
February at the V & A Waterfront until the leg 3 departure on Sunday,
February 26(th) when they set off for Itajai.

 

Ocean Live Park which showcases the race and the focusses on the protection
and restoration of the seas opened on 8(th) February and will run until 26(th)
February. The event also takes place at the Waterfront and includes fun
interactive exhibits, family events, live entertainment, water sports and
sailing.

 

 

The Ocean race organisers commented: "The Ocean Race is often described as the
longest and toughest professional sporting event in the world, sailing's
toughest team challenge and one of the sport's Big Three events, alongside the
Olympic Games and America's Cup." - see www.theoceanrace.com
(http://www.theoceanrace.com)

 

 

David Ciclitira Chairman of Live Company Group said, "We are delighted to once
again be a part of this fantastic endurance event.  Being able to participate
- even in a small way - in an event that draws attention to the state of our
oceans and the need to restore and protect them before it is too late."

 

NOTES FOR EDITORS

 

 

The Ocean Race Cape Town Stopover

 

No other stopover city is as closely associated with The Ocean Race as Cape
Town South Africa, which has so far welcomed the around- the-world fleet in 11
of the race's 13 editions - far more than any other host port. The 2022-23
race marks the eighth consecutive time that Cape Town has hosted a stopover.

Enquiries:

 

 Live Company Group Plc                        Tel: 020 7225 2000

 David Ciclitira, Executive Chairman

 Sarah Dees, Chief Operating Officer

 Beaumont Cornish Limited (Nominated Adviser)  Tel: 020 7628 3396

 Roland Cornish/Rosalind Hill Abrahams

 Oval(X) (Broker)                              Tel: 020 7392 1436

 Thomas Smith

 

LIVE COMPANY GROUP

Live Company Group Plc ("LVCG", the "Company" or the "Group") is a live
events, entertainment and sports events company, that has been trading on AIM
since 2017.

The Group is divided into four divisions:

 

·    BRICKLIVE - consisting of a network of partner-driven fan-based and
touring 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. The Group is an
independent producer of BRICKLIVE and is not associated with the LEGO Group.

 

·    KPOP - the company owns the rights to the K.Flex brand and through
its joint venture with the Explorado group KPOP Europa (KPE) is a partner in
and the Executive Producer of K.Flex in Frankfurt.

LVCG also owns the brand KPOP Lux and is the executive producer of KPOP Lux in
Madrid and London. Both shows are produced in partnership with SBS - the
Korean television network.

 

·    StART Art Global (SAG) - SAG owns StART Art Fair in London which has
been staged over the last 9 years at the Saatchi Gallery. SAG has licensed the
rights to the StART brand in Korea. The licence includes the right to create
and run StART Art Fair Seoul and various StART+ exhibitions.

SAG has also licensed the right to the StART brand in Japan to Live Company
Japan a joint venture with M Group Holdings Co.

SAG has also licensed the brand to Live Company Korea to create the StART Art
Coin.

 

·    Live Company Sports and Entertainment (LCSE) - LCSE owns LCSE Pty in
South Africa which has a long-term relationship with Pick 'n' Pay and the
Ocean Race.

LCSE is a shareholder in E-Movement - the promoter of the Formula E Race in
Cape Town. As part of this relationship E-Movement has retained LCSE (through
E-Movement holdings) as its implementation partner. E-Movement Holdings a 100%
subsidiary of Live Company Group has the right to sell sponsorship for the
Formula E race in Cape Town.

 

 

 

 

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