logo-loader
viewLive Company Group PLC

Update re the Riverfort Facility

/**/ h1{margin-top:24.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:115%;font-size:14.0pt;font-family:"Cambria","serif";color:#365F91;font-weight:bold;}h2{margin-top:10.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:115%;font-size:13.0pt;font-family:"Cambria","serif";color:#4F81BD;font-weight:bold;}h3{margin-top:0cm;margin-right:0cm;margin-bottom:1.0pt;margin-left:0cm;line-height:13.0pt;font-size:10.0pt;font-family:"Calibri","sans-serif";font-weight:bold;}p{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue }visited{ color: purple } .bf{size:595.3pt 841.9pt;margin:2.0cm 2.0cm 2.0cm 2.0cm;}div.bf{}p.bx{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal}span.bv{font-family:"Arial","sans-serif"; color:black}p.by{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: center}p.bz{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin-bottom: 0cm; text-align: center}p.ca{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:36.0pt;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin: 0cm; margin-bottom: .0001pt; text-align: center}span.br{font-family:"Arial","sans-serif"; color:black;background:white}p.cb{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal;text-autospace:none}p.cc{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-div: italic; line-height: normal; margin-bottom: 0cm; text-align: justify} span.bn{font-family:"Arial","sans-serif";color:black}p.cd{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify}span.ce{color: black; font-family: "Arial","sans-serif"; font-size: 11.0pt; font-weight: bold}p.cf{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify}span.cg{font-size:11.0pt;font-family:"Arial","sans-serif"; color:black}span.ch{color: black; font-family: "Arial","sans-serif"; font-size: 11.0pt; font-weight: bold}span.ci{font-size:11.0pt;font-family:"Arial","sans-serif";color:black}span.bi{font-size:11.0pt; font-family:"Arial","sans-serif";color:black}span.bj{font-size:11.0pt;font-family:"Arial","sans-serif";color:black}p.cj{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 0cm; text-align: justify} span.bg{font-size:11.0pt;font-family:"Arial","sans-serif"}span.ck{color:blue;text-decoration:underline;font-size:11.0pt;font-family:"Arial","sans-serif"} /**/
RNS Number : 7270V
Live Company Group PLC
05 December 2019
 

5 December 2019

 

LIVE COMPANY GROUP PLC

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

 

Update re the Riverfort Facility

 

Live Company Group plc (AIM: LVCG) provides the following update in respect of the £1.0 million Riverfort Facility.

 

Further to its announcement of 29 November 2019 (the "Announcement"), the Company confirms that discussions remain ongoing with the Investors, regarding the Proposed Extension, and, accordingly, the Investors have agreed to extend the payment of the Outstanding Balance due under the Facility from 5 December 2019 to 13 December 2019.

 

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those used in the Announcement.

 

Further announcements will be made as appropriate.

 

David Ciclitira, Chairman LVCG commented: "I would like to thank shareholders for their support and patience whilst the Company continues its discussions with Riverfort.  I believe the outcome of these discussions will be genuinely positive for the Company and I remain confident about the Company's prospects for 2020 and 2021".

 

Enquiries:

 

Live Company Group Plc                                                                Tel: 020 7225 2000

David Ciclitira, Chairman

Ruth Cunningham, Chief Operating Officer

 

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

Stuart Faulkner / Richard Tulloch / Georgia Langoulant

 

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

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.  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 [email protected] or visit www.rns.com.
 
END
 
 
UPDUSVBRKRAURAA

Quick facts: Live Company Group PLC

Price: 21.25

Market: AIM
Market Cap: £16.89 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Live Company agrees new funding facility as it 'fast tracks growth programme'

Live Company Group PLC's (LON:LVCG) David Ciclitira speaks to Proactive London's Andrew Scott after sorting new loan agreements with existing investors to boost its build programme for 2020. LVCG's looking at up to 14 new BRICKLIVE themed tours next year, including the global rollout of the...

on 16/12/19