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Pin to quick picksLive Company Regulatory News (LVCG)

Share Price Information for Live Company (LVCG)

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Issue of Salary and Contractor Shares

21 Jul 2020 07:00

RNS Number : 5485T
Live Company Group PLC
21 July 2020
 

21 July 2020

 

LIVE COMPANY GROUP PLC

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

 

 

 

Issue of Salary and Contractor Shares

 

Live Company Group Plc (AIM: LVCG) announces that further to its announcements on 30 April 2020 and 5 May 2020 , regarding the cost saving initiatives implemented by the Company as a result of COVID-19 and the Company's intention to make up for the decrease in pay for all staff, including Directors and those who have been furloughed, via the issue of new shares in the Company, it will, as a result, issue 141,412 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") ("Salary Shares") at an issue price of 10 pence per share, to certain of the applicable staff.

 

 

Contractor Shares

 

In order to continue to conserve working capital the Company will also issue 693,770 new Ordinary Shares at a price of 10 pence per share ('Contractor Shares") to certain contractors in settlement of work completed.

 

Application and total voting rights

 

Application will be made for the 141,412 new Salary Shares, the 693,770 new Contractor Shares which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Dealings in new Ordinary Shares is expected to commence on or around 27 July 2020.

 

On Admission, the Company will have 87,932,467 Ordinary Shares in issue with voting rights. No Ordinary Shares are held in treasury. The figure of 87,932,467 may be used by the Company's shareholders as the denominator in the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

Enquiries:

 

Live Company Group Plc Tel: 020 7225 2000

Sarah Ullman, Chief Operating Officer

 

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

Roland Cornish/Rosalind Hill Abrahams

 

Shard Capital Partners LLP (Broker) Tel: 020 7186 9952

Damon Heath

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

 

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.

 

 

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 or visit www.rns.com.
 
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IOEVBLFLBDLZBBL
Date   Source Headline
9th Mar 20207:00 amRNSPETER RABBIT THEMED BRICKLIVE TOUR
3rd Mar 20207:00 amRNSBRICKLIVE UPDATE
28th Feb 20205:40 pmRNSUpdate regarding Loan Facilities and ESA
17th Jan 20207:00 amRNSTRADING AND OPERATIONAL UPDATE
14th Jan 20207:00 amRNSMULTI YEAR AGREEMENT WITH ENTERTAINMENT ONE
8th Jan 20205:58 pmRNSHolding(s) in Company
20th Dec 20197:00 amRNSHolding(s) in Company
20th Dec 20197:00 amRNSHolding(s) in Company
20th Dec 20197:00 amRNSBricklive Zoo Programme
20th Dec 20197:00 amRNSHolding(s) in Company
16th Dec 20197:00 amRNSUPDATE REGARDING BRICKLIVE TOURS & FINANCING
9th Dec 20197:00 amRNSDirector/PDMR Shareholding
5th Dec 20197:00 amRNSUpdate re the Riverfort Facility
29th Nov 201911:51 amRNSUpdate re the Riverfort Facility
25th Nov 20197:00 amRNSDEFERRED CONSIDERATION AND ISSUE OF FEE SHARES
22nd Nov 20197:00 amRNSEXPANSION OF NICKELODEON PARTNERSHIP & ZOO UPDATE
6th Nov 20197:00 amRNSUpdate re BRICKLIVE Super Series & South Africa JV
18th Oct 20197:00 amRNSUpdate on Bright Bricks Deferred Consideration
2nd Oct 20197:00 amRNSBRICKLIVE Shows and BRICKLIVE Tours Update
30th Sep 20197:01 amRNSHalf-year Report
30th Sep 20197:00 amRNSDirectorate Change
3rd Sep 20197:00 amRNSAgreement with Snowman Enterprises Limited
29th Aug 20197:00 amRNSPartnership with Imagine Exhibitions
27th Aug 20197:00 amRNSOperational Update
23rd Aug 20192:00 pmRNSDirectorate/Management Changes & Contract Updates
19th Jul 201910:30 amRNSResult of Annual General Meeting
5th Jul 20197:00 amRNSTrading Statement
25th Jun 20197:00 amRNSNotice of Annual General Meeting
18th Jun 20197:00 amRNSDirector/PDMR Shareholding
17th Jun 20197:00 amRNSBRICKLIVE ANIMAL PARADISE TOUR IN JAPAN
14th Jun 20197:17 amRNS2018 Full Year Audited Results
13th Jun 20197:00 amRNSAgreement with HADRAN
12th Jun 20197:00 amRNSAGREEMENT WITH NICKELODEON UK LIMITED
10th Jun 20197:00 amRNSAgreement with SMG Europe for BRICKLIVE show
31st May 20197:00 amRNSUpdate Re Subscription
22nd May 20198:18 amRNSLicensing and Merchandising Agreement
13th May 20197:00 amRNSBRICKLIVE Shows in Brussels, Belgium
7th May 20197:00 amRNSTouring Exhibitions Meeting and Update on China
25th Apr 20197:00 amRNSLaunch of BRICKLIVE Ocean, Edinburgh Zoo
2nd Apr 20197:45 amRNSGrant of Options, Proposed Bonus & Issue of Shares
2nd Apr 20197:00 amRNSBRICKLIVE's Second Christmas Show in Monaco
2nd Apr 20197:00 amRNSGroup to run BRICKLIVE's flagship UK Show in 2019
22nd Mar 20197:00 amRNSBRICKLIVE Show in Geneva, Switzerland
21st Mar 20194:46 pmRNSHolding(s) in Company
14th Mar 201911:30 amRNSSupply of first dinosaur models to China
11th Mar 20197:00 amRNSLaunch of BRICKLIVE Shows in Germany and Mexico
11th Feb 20197:10 amRNSPlacing and Subscription to raise £2.2 million
11th Feb 20197:00 amRNSAgreement with AWC
30th Jan 20197:00 amRNSBricklive Show, Dallas
21st Jan 20197:00 amRNSChange of Nominated Adviser

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