Live Co Group PLC - Surrey-based live events and entertainment group - Says it is finalising its capital arrangements, including a GBP200,000 injection from Chair David Ciclitira via an additional convertible loan at a 3 pence conversion price. Says it has also been with two separate unnamed strategic investors. Says: "Whilst both negotiations are ongoing, one of these has already resulted in a signed agreement. Any investments from these new strategic partners will be for further business development." Live Co says it aims to complete its initial financing arrangements by March 8 and will remain suspended until that date.
Current stock price: suspended
By Greg Rosenvinge, Alliance News senior reporter
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Live Company (LVCG)