Heads of Terms for e-Mobility Festival

RNS Number : 3801L

Live Company Group PLC

12 January 2021

 

12 January 2021

LIVE COMPANY GROUP PLC

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

SIGNATURE OF HEADS OF TERMS FOR E-MOBILITY FESTIVAL WITH MESSE FRANKFURT

Live Company Group Plc is pleased to announce that it has, via E-Movement Holdings Limited a 100% subsidiary of Live Company Group, partnered with Messe Frankfurt  for the launch of the eMobility Festival 2021.  The parties have signed heads of terms to be followed by legally binding definitive agreements in due course.

The festival will take place in Cape Town as part of the exciting e-Festival (e-FEST) programme, celebrating all things electric, sustainable and green,  scheduled to take place in November 2021.

The e-Mobility Festival will focus on Electric Vehicles  of all kinds, the future of e-mobility and climate change. Additionally, E-Movement Holdings Ltd is in advanced negotiations with Formula E Holdings and the City of Cape Town to stage a Formula E race as part of our week long  e-FEST programme.

Messe Frankfurt are the world's largest trade fair and congress event organiser with offices in 30 global locations and 2500 employees. The company is owned by the City of Frankfurt (60%) and State of Hesse (40%).

Chairman David Ciclitira said:

" We are delighted to announce the first eMobility Festival as part of e-FEST that will take place in Cape Town in 2021. As part of our recently announced new division LCSE we see real value in the E-FEST and eMobility concepts as companies and consumers around the world are increasingly looking to the car industry, corporates and governments to pursue sustainable and greener solutions in their countries. South Africa is the first adopter of this festival but the group strategy is to roll this out globally - especially in countries already hosting Formula - E races as part of their annual sporting calendar. "

Enquiries:

Live Company Group Plc David Ciclitira, Executive Chairman Sarah Dees, Chief Operating Officer	Tel: [phone]
Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Rosalind Hill Abrahams	Tel: [phone]
Shard Capital Partners LLP (Broker) Damon Heath	Tel: [phone]

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. The Company also manages a number of sports, entertainment and lifestyle events via its recently created LCSE (Live Company Sports and Entertainment) division.

Website: www.livecompanygroup.com.

 

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