Live Company Group - Operation Update
("LVCG", the "Company" or the "Group")
· First Zoos in
· No events have been cancelled, though around a third have understandably been postponed to second half of 2020 and first half of 2021
· Group continues its build programme
· Business development project put in place for increasing distribution of consumer sets
· Withdrawal of previous financial and operational guidance for 2020 and 2021
· Non-executive directors have agreed to forego Q2 and Q3 fees
The Company continues to evaluate the situation with regards to the opening of certain industries and countries as COVID-19 restrictions begin to be lifted, noting that countries such as
Furthermore, some states in the US plan to open zoos from the end of May and we are already working with
As previously announced on
The Company also announces that it is in the process of further developing its consumer sets business, as well as other products for home use, which has seen significant demand.
The Company will keep investors updated further, as appropriate, as part of the Company's quarterly updates to the market.
Given this period of unprecedented uncertainty, we are consequently withdrawing our previous financial and operational guidance for both 2020 and 2021.
Further to the announcements on 15 April ,30 April and
Sarah Dees, Chief Operating Officer
Stuart Faulkner / Richard Tulloch / Georgia Langoulant
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
LIVE COMPANY GROUP
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
This information is provided by RNS, the news service of the
Quick facts: Live Company Group PLC
Market Cap: £8.25 m
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