Live Company Group PLC Formula E Update
10 Fevereiro 2023 - 4:00AM
RNS Non-Regulatory
TIDMLVCG
Live Company Group PLC
10 February 2023
10(th) February 2023
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
FORMULA E UPDATE
Live Company Group Plc are pleased to provide an update on the
Formula E Race which is due to take place in Cape Town in 15 days'
time.
Whilst as previously notified no Title Sponsorship was obtained,
smaller sponsorship agreements have now been signed with the
following companies:
-- City of Cape Town
-- Western Cape Government
-- South African Tourism
-- Nissan
-- Uber
-- E-tv
-- Nedbank
Ticket Sales
Currently over 15,000 tickets so far have been sold from the
potential total of 21 000 which is already 70 % of the tickets sold
and the expectation is to sell out prior to the event on 25(th)
February.
Furthermore, Corporate Hospitality has now been sold out with
3400 VIP Guests and the Company will be hosting a 30-person suite
in the track side lounge.
There has been significant media interest in the participation
of 11 teams joining the race and there will be world-wide media
coverage of the event on various broadcasting channels including
Channel 4 in the United Kingdom.
David Ciclitira Chairman of Live Company Group said, " I am so
proud to be a part of this project with my fellow partners Bruce
Parker-Forsyth and Iain Banner. It has been and incredible journey
to reach this point. I'd like to congratulate Bruce who heads the
staging team on his amazing achievements. What's particularly
exciting is at the same time as LCSE's involvement in Formula E we
are also hosting the premier "Olympics Around the World" The Ocean
Race that starts on Sunday 26(th) following day. We are delighted
with our current sponsors and so pleased they could join us for
this inaugural Cape Town race. We are currently in advanced
discussions to sign a Title Sponsor from this list for next year's
race."
Bruce Parker-Forsyth CEO of Live Company Sports &
Entertainment said, "We opened The Ocean Race Village yesterday
mid-day with the Mayor of Cape Town Geordin Hill-Lewis and then 3
hours later he Opened the Cape Town e Prix Track - so it was a big
day for Live Company Sport & Entertainment."
Enquiries:
Live Company Group Plc Tel: 020 7225 2000
David Ciclitira, Executive Chairman
Sarah Dees, Chief Operating Officer
Beaumont Cornish Limited (Nominated Adviser) Tel: 020 7628 3396
Roland Cornish/Rosalind Hill Abrahams
===================
Oval(X) (Broker) Tel: 020 7392 1436
Thomas Smith
===================
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.
-- KPOP - the company owns the rights to the K.Flex brand and
through its joint venture with the Explorado group KPOP Europa
(KPE) is a partner in and the Executive Producer of K.Flex in
Frankfurt.
LVCG also owns the brand KPOP Lux and is the executive producer
of KPOP Lux in Madrid and London. Both shows are produced in
partnership with SBS - the Korean television network.
-- StART Art Global (SAG) - SAG owns StART Art Fair in London
which has been staged over the last 9 years at the Saatchi Gallery.
SAG has licensed the rights to the StART brand in Korea. The
licence includes the right to create and run StART Art Fair Seoul
and various StART+ exhibitions.
SAG has also licensed the right to the StART brand in Japan to
Live Company Japan a joint venture with M Group Holdings Co.
SAG has also licensed the brand to Live Company Korea to create
the StART Art Coin.
-- Live Company Sports and Entertainment (LCSE) - LCSE owns LCSE
Pty in South Africa which has a long-term relationship with Pick
'n' Pay and the Ocean Race.
LCSE is a [Please say what percentage] shareholder in E-Movement
- the promoter of the Formula E Race in Cape Town. As part of this
relationship E-Movement has retained LCSE (through E-Movement
holdings) as its implementation partner. E-Movement Holdings a 100%
subsidiary of Live Company Group has the right to sell sponsorship
for the Formula E race in Cape Town.
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END
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