11 Dec 2014 08:57
11 December 2014
LiteBulb Group Limited
("LiteBulb" or "the Company")
Completion of Acquisition
LiteBulb (AIM: LBB), the branded product developer, confirms that £3,500,000 secured, convertible loan notes ("Loan Notes") have been issued and listed on the Channel Islands Securities Exchange Authority Limited ("Listing") and that the acquisition of Concept Merchandise Limited has now been completed.
The Group has now issued 25,826,466 ordinary shares of no par value ("Consideration Shares") and it is expected that the Consideration Shares will be admitted to trading on AIM on 12 December 2014.
For further information, please contact:
LiteBulb Group Limited | www.litebulbgroup.com |
Simon McGivern, Chief Executive | Tel: 020 3384 7131 |
Guy Pettigrew, Group Finance Director |
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finnCap (NOMAD & Joint Broker) | Tel: 020 7220 0500 |
Stuart Andrews/Scott Mathieson (Corporate Finance) |
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Joanna Weaving (Corporate Broking) |
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Walbrook PR Limited | Tel: 020 7933 8780 or litebulb@walbrookpr.com |
Bob Huxford | Mob: 07747 635 908 |
Paul McManus | Mob: 07980 541 893 |
About LiteBulb Group (www.litebulbgroup.com)
LiteBulb Group designs, manufactures and distributes innovative brands and products to the global retail market.
LiteBulb Products- our wide range of products are sold in over 30 countries through blue chip retailers including: ASDA, BHS, Tesco, Sainsbury's, WH Smith, Halfords, Marks & Spencer, Morrisons, QVC, Next, Fenwick and Toys R Us.
LiteBulb Creativeis a creative agency with global reach, delivering compelling and agile brand extension programmes to the entertainment industry. LiteBulb Creative has designed products and campaigns for clients around the world, including Disney, Hasbro and Miramax.
LBB.L (LBB)