Live Company Group PLC Broker Option Shares and Total Voting Rights (9725T)
July 27 2022 - 10:01AM
UK Regulatory
TIDMLVCG
RNS Number : 9725T
Live Company Group PLC
27 July 2022
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
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OR DISTRIBUTION WOULD BE UNLAWFUL.
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").
27 July 2022
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
Broker Option results
Total Voting Rights
Live Company Group plc (AIM: LVCG) (the "Company") announces
that, further to the announcement made on 8 July 2022, the Broker
Option, a facility to allow participation in the Placement on
similar terms to the Placing announced has been closed with
subscribers including existing shareholders and a new Asian
investor.
A total of 6,000,000 ordinary shares of 1p nominal value each
('Broker Option shares") have been allocated conditional only on
Admission with investors at 4 pence per share, the same price as
the Placing announced on 8 July 2022. Each broker option will rank
pari passu with existing Ordinary Shares and will be issued with
one warrant per two ordinary shares exercisable at 8p for a
two-year period from the date of admission of the Broker Option
shares to AIM, which is expected to be on or around 28 July
2022.
Application has been made for admission of the 6,000,000 new
Ordinary Shares which will rank pari passu with existing Ordinary
Shares to trade on AIM ("Admission") expected to be on or around 28
July 2022.
Post admission Directors shareholdings will consist of:
Pre-admission Post -admission
David Ciclitira 54,374,910 24.99% 54,374,910 24.32%
-------------- ------- ---------------- -------
Maria Serena Papi (Serenella
Ciclitira) 1,562 0.00% 1,562 0.00%
-------------- ------- ---------------- -------
Ranjit Murugason 6,962,928 3.20% 6,962,928 3.11%
-------------- ------- ---------------- -------
Bryan Lawrie 838,051 0.38% 838,051 0.37%
-------------- ------- ---------------- -------
Stephen Birrell 428,572 0.19% 428,572 0.19%
-------------- ------- ---------------- -------
Total Voting Rights
Following Admission, the enlarged issued share capital of the
Company will comprise 223,569,604 ordinary shares of 1p each
("Ordinary Shares"). Each Ordinary Share has one voting right. No
Ordinary Shares are held in treasury. The above figure may be used
by LVCG shareholders as the denominator 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
Sarah Ullman , Chief Operating Officer
Beaumont Cornish Limited (Nominated Adviser) Tel: 020 7628 3396
Roland Cornish/Rosalind Hill Abrahams
OvalX (Broker) Tel: 020 7392 1436
Thomas Smith
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").
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. The second is Kpop Europa (KPE), which
operates the KPOP.flex Festival in Frankfurt. KPOP.flex Frankfurt
is Europe's first ever Mega KPOP music festival. The third is Live
Company Sports and Entertainment, which manages a number of global
sports, entertainment and lifestyle events. LCSEs main focus for
2022 will be Cape Town Cycle Tour and the successful one year out
launch of the Formula E Cape Town race for series 9 in 2023. The
fourth division is StART Art Global, in which LVCG holds a minority
stake. StART Art Global is a combination of both physical art shows
and a digital art platform.
Website: www.livecompanygroup.com .
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