REG - Live Company Group - Update on Accounts, Board change, Financial Update

LiveAnnouncement

23/08/2024 10:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240823:nRSW5995Ba&default-theme=true

RNS Number : 5995B  Live Company Group PLC  23 August 2024

23 August 2024

 

 

 

LIVE COMPANY GROUP PLC

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

 

UPDATE ON 2023 ACCOUNTS

NED'S RESIGNATION

CORNERSTONE INVESTOR AND FINANCIAL UPDATE

 

 

2023 Accounts and 2024 Interims Update

LVCG PLC provides an update on its Accounts. The Company previously announced
on 31 July 2024 that its 2023 results would be published by/at the end of
September 2024. Despite efforts from the Company and its Auditor this
timetable has been pushed back and discussions are on-going with regard to a
new publication date.  The Company announces that its 2024 interims are also
likely to be published post the 30 September 2024 deadline.

 

Resignation of Stephen Birrell

The Company announces the resignation of Stephen Birrell as a Non-Executive
Board Director due to a significant increase in his non LVCG workload, which
has resulted in him no longer being able to give the time required to the
Company.

 

 

Cornerstone Investor and Financial Update

The Company is still in discussion with one of the potential Cornerstone
Investors, however due to its reliance on this investment, which has not been
forthcoming as yet, the Company is currently taking advice and reviewing
available options with restructuring advisors.

 

 

Enquiries:

 

 Live Company Group Plc                        Tel: 020 7225 2000

 David Ciclitira, Executive Chairman

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

 Roland Cornish/Rosalind Hill Abrahams

 CMC Markets UK Plc                            Tel: 020 3003 8255

 Thomas Smith

 Douglas Crippen

 

 

 

 

 

 

 

 

 

About 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 two active 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.

 

·    LVCG 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. Additionally, the Company owns the rights to
the K.Flex brand and has been the Executive Producer of K.Flex in Frankfurt.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDPPUUURUPCUBW