Live Company Regulatory News (LVCG)

31 May 2019

LIVE COMPANY GROUP PLC

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

UPDATE RE SUBSCRIPTION

Live Company Group plc (AIM: LVCG) provides the following update in respect of the placing and subscription to raise gross proceeds of £2.2 million as announced on 11 February 2019 (the "Announcement"). The Company confirms that of the £0.84 million subscription, £0.64 million has been received to date, with £0.20 million still being outstanding from one subscriber. The Company confirms that the placing proceeds, being £1.26 million, were received in full in February 2019.

Accordingly, 992,304 new ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") in respect of the subscription monies received to date (the "Subscription Shares"), together with 46,153 new Ordinary Shares in respect of the commission (the "Commission Shares"), as detailed in the Announcement, will be admitted to trading on AIM today.

The Company anticipates that the further £0.20 million due pursuant to the subscription will be received shortly, following which application will be made for the admission of the applicable 307,692 new Ordinary Shares to trading on AIM. The associated 384,615 investor warrants, as described in the announcement, will also only be issued on the receipt of such monies. The Company will keep shareholders updated in this regard and a further announcement will be made as appropriate.

Following the admission of the Subscription Shares and the Commission Shares, the enlarged issued share capital of the Company will comprise 70,440,744 Ordinary Shares, with each Ordinary Share having one voting right. No Ordinary Shares are held in treasury. The above figures may therefore be used by LVCG shareholders as the denominators for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Live Company Group Plc Tel: 020 7225 2000

Ruth Cunningham, Chief Operating Officer

Strand Hanson Limited (Nominated Adviser) Tel: 020 7409 3494

Stuart Faulkner / Richard Tulloch / James Dance

Shard Capital Partners LLP (Broker) Tel: 020 7186 995

Damon Heath

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. The Group is an independent producer of BRICKLIVE and is not associated with the LEGO Group.

Website: www.livecompanygroup.com.