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Statement re potential acquisition and placing

26 Sep 2018 07:56

RNS Number : 9761B

Live Company Group PLC

26 September 2018

LIVE COMPANY GROUP PLC

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

Statement re potential acquisition and placing

The Company notifies that it is in in discussions with certain institutional and other investors with regard to a potential equity fundraising, to finance the potential acquisition of a complementary business to the Group and to accelerate organic growth. The fundraising is currently expected to be carried out at a modest discount to the recent prevailing market price.

A further announcement will be made in due course as appropriate.

Enquiries:

Live Company Group Plc

David Ciclitira, Executive Chairman Tel: 020 7225 2000

Stockdale Securities Limited (Nominated Adviser and Joint Broker)

Richard Johnson / Edward Thomas Tel: 020 7601 6100

Shard Capital Partners LLP (Joint Broker)

Damon Heath Tel: 0207 186 9950

W Communications (PR agency)

James Porter Tel: 07568 514 244

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

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.

END

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