Completion of Acquisitions and re-Admission to AIM

RNS Number : 2682A

Parallel Media Group PLC

27 December 2017

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.

27 December 2017

PARALLEL MEDIA GROUP PLC (renamed LIVE COMPANY GROUP PLC)

(the "Company")

Completion of Acquisitions and re-Admission to AIM

The Company is pleased to announce the completion of the Proposals, including the Acquisitions, the Placing, and the change of name to Live Company Group plc, and readmission today of the Company's Ordinary Shares to trading on AIM. The change of name will be effective on AIM from 8.00am on 28 December 2017, at which time the Ordinary Shares will trade under ticker LVCG. 

Save as where defined, capitalised terms used in this announcement shall have the same meaning as in the Company's admission document published on 29 November 2017. 

Enquiries:

Parallel Media Group Plc

David Ciclitira                                                                                    Tel: [phone]

Stockdale Securities Limited, Nominated Adviser and Broker

Richard Johnson / Edward Thomas                                          Tel: [phone]

The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this Announcement, this information is now considered to be in the public domain.

About the Enlarged Group

Brick Live Group

Brick Live is a network of partner-driven fan-based shows using BRICKLIVE-created content worldwide. It owns the rights to BRICKLIVE - interactive experiences built around the creative ethos of the world's most popular construction toy - LEGO®. BRICKLIVE actively encourages all to learn, build and play, and provides an inspirational central space where like-minded fans can push the boundaries of their creativity. Brick Live Group is not associated with the LEGO Group and is an independent producer of BRICKLIVE.

Parallel Live Group
Parallel Live was founded by David Ciclitira in 2015 and owns the rights to LEGO® LIVE in the USA as part of a three-year contract. It will be responsible for running and promoting those events. Including the location hire, event design, event construction, advertising and marketing, media planning, website design, event management, public relations and ticket sales, while Lego Systems, Inc will provide some of the content.

 

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