Last checked at 13 Sep 2023 09:58
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014. as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").
13th September 2023
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
KPOP LUX LONDON
KPOP LUX announce the postponement of the KPOP LUX SBS Super Concert in London.
All ticket holders will be allowed to receive a full refund from Ticketmaster or AXS.
Chairman David Ciclitira commented: "Unfortunately, with another event occurring the same weekend in Europe, with the cost of living crisis ongoing, and the KPOP LUX Festival in-between 2 other KPOP events, ticket sales have not been sufficient enough to allow the event to go ahead. Furthermore, in order to ensure the show is made to the highest possible quality, we had shortened the festival to two days and prepared everything accordingly, but unfortunately it couldn't happen.
We are truly sorry to all the fans, and we hope to be able to put on a show next year with more time to organise and for everyone to plan in advance."
Enquiries:
Live Company Group Plc David Ciclitira, Executive Chairman Sarah Dees, Chief Operating Officer | Tel: 020 7225 2000 |
Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Rosalind Hill Abrahams | Tel: 020 7628 3396 |
CMC Markets UK Plc Thomas Smith Douglas Crippen | Tel: 020 3003 8255 |
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 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.
· LVCG owns the brand KPOP Lux and is the Executive Producer of KPOP LUX.
· 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.
· 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.
LVCG is a founder 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.