LATEST NEWS FROM THE LIVE GROUP

March Newsletter

Updates and tour information from LVCG 

In our March Newsletter we have updates on shows and events in China, Germany, Mexico and our latest BRICKLIVE location, Geneva.  

For those of you in the UK there’s the regular update on our tours including the upcoming BRICKLIVE Outerspace, and in the Spotlight section Chief Operating Officer Jon Gayton reflects on jet lag coupled with the challenges of working across multiple time zones. 


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Launch of first BRICKLIVE Shows in Germany and Mexico

BRICKLIVE Show, The Odysseum, Cologne, Germany

LVCG, in partnership with AWC AG (one of Germany's leading exhibition promoters) is pleased to announce that the first BRICKLIVE Show in Germany opened last weekend (9-10th March). Local media and press, including RTL News, attended a pre-launch event on Friday March 8th which was extremely well received.  You can see the RTL News report here.

A BRICKLIVE team including Duncan Titmarsh, the Managing Director of Bright Bricks Ltd., was on site to help AWC AG open the event.
“I’m thrilled we have launched our first BRICKLIVE Show in Germany, working alongside our new partner, AWC,” Duncan said. “The Show brings our interactive fan based show built around LEGO® to the German public for the first time. Having been part of the BRICKLIVE team at the Show this weekend, it has been great to see and hear the positive responses from local media and press as well as from those attending the Show. I’m greatly looking forward to working with AWC to deliver more interactive fan based shows in Germany during 2019.”

The centerpiece of the Cologne event is the Mythical Beasts touring show. It runs at The Odysseum in Cologne till the end of June 2019.  

BRICKLIVE Show, Parque Las Antenas, Mexico City

The Company is also pleased to announce that EXIM ENT (“EXIM”), BRICKLIVE’s licensed partner for countries in the region of Latin America including Argentina, Uruguay and Mexico, will be running the Group’s first BRICKLIVE Show in Mexico, at the Parque Las Antenas, Mexico City beginning on April 12th 2019.
 
David Ciclitira, the Group’s Executive Chairman, commented: “I’m delighted that the BRICKLIVE Show will launch in Mexico City in April 2019. This will be the Group’s first show in Mexico. BRICKLIVE is becoming a recognised international brand and I’m excited to be working with our partners to deliver our shows globally.”

Further information is available on our RNS page

(L-R) Jon Gayton, Duncan Titmarsh and Mark Guest prior to the launch


The BRICKLIVE Germany map awaits the first models

February Newsletter

Updates and tour information from LVCG 

LVCG presents the latest in our series of newsletters designed to keep you abreast of all the developments within the Group.

This month you’ll find an report on the Dallas show and an interview with Bright Bricks founder Duncan Titmarsh where you’ll learn how a small brick lead to a big company and about the iconic London symbol that he’s always wanted to build. 

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BRICKLIVE to launch in Germany

Andreas Waschk (Chairman, AWC) and David Ciclitira at the BRICKLIVE Monaco show

Agreement signed with AWC AG

Live Company Group Plc is pleased to announce that the Company has signed an agreement with AWC AG (“AWC”), one of Germany’s leading exhibition promoters, to provide three BRICKLIVE shows in Germany over the next 12 months. 

• a BRICKLIVE interactive show, to take place at Odysseum in Cologne for a period of approximately four months;
• a BRICKLIVE - Force touring show, to take place at Explorado in Duisburg for a period of approximately five months; and
• a BRICKLIVE - Brickosaurs touring show, to take place at Odysseum in Cologne for a period of approximately three months.

Founded in 2009 the Odysseum in Cologne describes itself as a unique museum in Germany, designed to excite children about science and the world around them. The Explorado, located about an hour north in Duisburg’s inner harbour, is the largest children’s musuem in the country. It has three floors of hands-on exhibition space dedicated to learning through play.
 
AWC will become the Group’s exclusive partner in Germany. In Europe, AWC will become a non-exclusive partner of the Group in respect of its other BRICKLIVE events and corporate builds, excluding the UK and Republic of Ireland. AWC will also work with the Group regarding its BRICKLIVE Zoo programme in Germany.

David Ciclitira: Executive Chairman at Live Company Group, said: “I am delighted to have AWC, a leading player in the exhibition sector, as our partner to deliver BRICKLIVE shows in Germany and potentially across Europe. We very much look forward to developing the partnership and to develop new show concepts as we seek to continue to expand the BRICKLIVE brand.”

Further information is available on our RNS page

Expansion of the BRICKLIVE Zoo Programme

With seven BRICKLIVE Zoo shows already scheduled for 2019 an an additional seven expected to be added during the year across Europe and the United States, the Group also annoucnes an equity fundraise with certain existing investors including David Ciclitira, the Company’s Executive Chairman, raising in aggregate approximately £2.2 million gross (approximately £2.1 million net) to, inter alia, finance the expansion of the BRICKLIVE Zoo programme to meet this demand.

There are over 850,000 bricks in our elephant

David Ciclitira, Executive Chairman of Live Company Group, said: “I am very excited that the Group is investing in the BRICKLIVE Zoo programme. With the success of our Zoo touring assets at Marwell Zoo and Twycross Zoo in the UK, we have seen significant levels of interest from other zoos across the UK, Europe and the United States. This funding will therefore allow the Group to take advantage of these exciting opportunities and I’m personally delighted to be investing in the Company at this time.”

Once again, you can read further information on our RNS page

BRICKLIVE DALLAS

Long lines formed outside the Ford Center as the opening of BRICKLIVE Dallas approached

LVCG is pleased to announce the successful conclusion of the BRICKLIVE Dallas show held at the Ford Center at The Star, Frisco, Texas. The artificial turf of the training home for the Dallas Cowboys NFL team was transformed for the weekend into a sea of interactive activities with the adored LEGO® brick for children, families and fans to enjoy.


The Show was the first to be promoted by the Group's US joint venture, Parallel Three Six Zero Inc., and Live Nation Entertainment Inc. (“Live Nation”) and was well received by visitors, with attendance being in line with the Company's expectations. The Show received a good response from the media with FOX 4 News, ABC and CBS attending the event.


With 23 different zones, visitors had plenty of activities to engage with through the two sessions per day. The stunning Animal Paradise Tour exhibiting nearly 30 LEGO life sized models formed the centerpiece of the show. In addition to the familiar build zones (Star Wars, Minecraft, Friends, City builder and more), Dallas unveiled new features including a Master Builder workshop, a ninja tournament temple, a challenge zone and a larger than life ‘live" stage experience.

Duncan Titmarsh leads the Bridge Build Challenge

Professional builders Duncan Titmarsh and Ed Diment held workshops and hosted time-trial challenges. Our popular mosaic zone also made an appearance and proved to be very popular, with visitors commenting that it was the first time they'd experienced a community Lego build on that scale. The brick pits over-spilled with creativity and the dioramas were filled with fan creations. The Company is in early discussions regarding further BRICKLIVE shows in the United States.

You’ll find an announcement about the event on our RNS page.

January Newsletter

Updates and tour information from LVCG 

LVCG presents the second in our series of newsletters designed to keep you abreast of all the developments within the Group.

Once again you’ll find details on upcoming shows and displays and another set of Q&As with the Chairman. 

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Bricklive Christmas opens in Monaco

BRICKLIVE Christmas has arrived at the Grimaldi Forum, Monaco.

Following the success of the Christmas themed London show in 2017, the jam-packed seasonal spectacular includes a specially designed Winter Wonderland zone complete with 4m tall Christmas tree. 

As visitors make their way around the main hall they will find all the BRICKLIVE fan favourites including build zones featuring LEGO bricks from the CITY, ARCHITECTURE, FRIENDS, STAR WARS, MINECRAFT and DUPLO ranges.

Animal Paradise

The show also features exhibits from the Animal Paradise touring show that launched earlier this year in Beijing  in cooperation with the The Prince Albert II of Monaco Foundation. The tour aims to raise public awareness in China about the threatened disappearance of a large number of species. 

David Ciclitira, Executive Chairman at Live Company Group, said: "I’m very excited to be in Monaco and working with HSH Prince Albert II and the Grimaldi Foundation. I’m very proud to launch BRICKLIVE Animal Paradise in Monaco. When it was first suggested to host the BRICKLIVE Christmas show in Monaco I thought it was a fantastic opportunity to present a show where I reside.

The Grimaldi Forum is an incredible venue to exhibit BRICKLIVE Christmas and will offer families and fans the ultimate brick-building experience during the Christmas holidays. "

December Newsletter

The first in a new monthly series

LVCG invites you to download our newsletter containing updates on the latest activities within the Group, details on upcoming shows and displays, introductions to our new Non-Executive Directors and the first in a series of Q&As with the Chairman. 

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NEW - Live Company Group online brochure

Directorate and Staff Changes

LVCG is pleased to announce that Trudy Norris-Grey and Simon Horgan have joined the board with effect from today. Trudy joins as an independent Non-Executive director and will also sit on the Remuneration Committee. Simon joins as a Non-Executive Director, bringing a wealth of industry and strategic experience to the Group. 

Trudy has over 30 years of experience in the IT industry, with success spanning global sales, marketing, channel and partner strategies, business development, and portfolio transformation. She is currently based in Seattle working for Microsoft as the Managing Director of Business Development and Smart Cities. Prior to this she held senior roles at BT Group plc, as CEO of Infonet, and Sun Microsystems, and Oracle. Trudy is past Chair of the CBI Committee on Innovation, Science & Technology, a member of the oversight committee for the UK’s national Technology Strategy Board and was a founding member of the CBI Leadership Group on Climate Change. A Fellow of the Chartered Association of Certified Accountants (FCCA), Trudy will sit on the Company’s Remuneration Committee.

Following the acquisition of Bright Bricks, LVCG is delighted to welcome Simon Horgan to the board. Most relevant to the future expansion of the business is his knowledge and track record in international exhibition and conference venue management plus event and exhibition portfolio management and development. Simon has been involved in the events and exhibitions sector for over 30 years. For 6 years he was the CEO of the Abu Dhabi National Exhibition Centre during which time he raised AED 1.4bn to establish a Capital Centre development for the ADNEC and acquired London's flagship exhibition venue, ExCel, in a £318m deal for the Abu Dhabi government. Under his leadership the ExCel became the second venue for the 2012 London Olympics. His legacy in the Emirates includes the successful conclusion of major construction projects such as the ADNEC Marina, several hotels and the Gulf’s largest indoor arena.


The Company is also making some senior management appointments in connection with the business combination and integration subsequent to the Group’s acquisition of Bright Bricks.  These include the appointment of Andy Smith as Executive Chairman of Bright Bricks. Andy will continue in his role as Chief Strategic Officer on the Board of Live Company Group. 

David Ciclitira, Executive Chairman at Live Company Group, said: “We are pleased that our integration strategy is going to plan and that we are able to fast track the Group’s build program to meet its new commitments. These new and internal appointments bring a wealth of experience to the Group that will enable increased development. Today also marks the start of the Company’s flagship event, BRICKLIVE Birmingham. Year upon year this event brings back Fans and this year it is even more special as it marks the first BRICKLIVE event with Bright Bricks as part of the Group. Over 50 LEGO® models built by Bright Bricks ‘Mythical Beasts’ are the star of this years show, inspired by legends from Ancient Greece.”

Full details of these announcements can be found on our RNS page

The Company’s flagship event returned to Birmingham for another exciting edition


The UK’s largest LEGO® fan convention, BRICKLIVE Birmingham returned to the NEC for another exciting edition this November! The Company’s flagship event, BRICKLIVE Birmingham offered a rich variety of interactive experiences built around the creative ethos of the world’s most popular construction toy- LEGO bricks.

BRICKLIVE Birmingham guests were treated to brand new content, never seen at BRICKLIVE before! Mythical Beasts was a powerful presence that drove brick fans wild. With over 50 models and interactive experiences, this new tour brought the fascinating world of creatures from mythology to life using LEGO bricks.

Inspired by legends from ancient Greece, the show revolves around the mythical Pandora’s Box which, when opened, will unleash a horde of trapped beasts upon the world. As the “heroes” of the experience, visitors must find all of the escaped creatures, to send them back into the box and seal them away.

Some Mythical Beasts – such as Valkaria the majestic Hippogriff, or the Owl of Athena – are allies, while others – from Asterion the vengeful Minotaur, and Vladdigor the fearsome four-headed Chimera, to a towering, seven-headed Hydra – are not as friendly.

For more information, please visit www.bricklive.co.uk

LVCG Announces Bright Bricks Acquisition

(L-R) Simon Horgan, Ed Diment, David Ciclitira


Live Company Group plc is pleased to announce the conditional acquisition of Bright Bricks Holdings Limited (“Bright Bricks”), a leading UK-based builder of bespoke brick statues and touring events, for a total consideration of £8.5m (the “Acquisition”). To part-finance the Acquisition and provide additional working capital to the Group, the Company also announces a conditional placing 4,615,381 of new ordinary shares of 1p each (“Shares”) to raise approximately £3.0m (before expenses) (the “Placing”).

Highlights:

• Acquisition of Bright Bricks, one of the world’s premier brick model building companies;
• Acquisition and Placing enables LVCG to fast-track growth plan in the US and Europe, and provides the opportunity for further partnership models;
• The Directors believe a combination of the businesses will result in LVCG being one of the most significant brick-based companies in the world;
• Strengthening of the Board through appointments of Simon Horgan from Bright Bricks as Executive Director, Trudy Norris-Grey as a Non-Executive Director and Bryan Lawrie as Chief Financial Officer. Andy Smith to become Chief Strategic Officer on a part-time basis.
• Bright Bricks employees, including key personnel, retained within the enlarged Group.

David Ciclitira, Executive Chairman at Live Company Group, said: “At the beginning of this year, I had three specific goals for the Group: the consolidation of the BRICKLIVE brand in Asia; the establishment of the BRICKLIVE brand In the United States; and the acquisition of Bright Bricks Holdings Limited. This deal reinforces my final goal. The Group through BRICKLIVE, has created a global brick-based brand, whilst Bright Bricks is one of the world’s premier brick model building companies. With the combination of the businesses, the Directors believe LVCG will be one of the most significant brick-based companies in the world.”


"Over the past 2 years, Live Company Group has become an important customer for Bright Bricks. We have collaborated on many exciting and highly creative projects where Bright Bricks has used its skills to create unique event content. The joining of our two companies will allow us to fully service and supply the global Bricklive network of events from within our own resources. Bright Bricks has an extensive portfolio of touring assets and a highly skilled design and building team that will now be integrated into Live Company Group. We have many new concepts waiting to launch and look forward to an exciting future together.”

- Simon Horgan, Executive Chairman at Bright Bricks


• Acquisition of Bright Bricks for total consideration of £8.5m, to be funded by a combination of £2.167m in cash from the Placing (“Cash Consideration”), 8,461,536 new Shares (“Consideration Shares”) and £0.833m consideration deferred until the day following the first anniversary of completion (“Deferred Consideration ”);
• £3.0m (before expenses) raised through Placing of 4,615,381 new Shares (“Placing Shares”) at a price of 65 pence per share (the “Placing Price”);
• LVCG directors are investing for a total 61,537 Shares in the Placing
• Net proceeds of Placing to be used towards financing the Acquisition and to provide working capital for the enlarged Group;


‘We have been working with BRICKLIVE as clients for a number of years now and so the joining of these two businesses’ to us was the ideal next step. It is not only the formation of this partnership that is interesting for us, it is the potential for BRICKLIVE that we are most excited about. Having already achieved great things, we are looking forward to the coming months; to new developments and new projects’

- Ed Diment, Co-director Bright Bricks Ltd.

This announcement is available for download on our RNS page.

LVCG Publishes Half-Yearly results

LVCG has announced its half-yearly results for the six month period ended 30 June 2018.

The highlights for the period are:

  • Group revenues from continuing operations for six months to 30 June 2018 of £2.842m. This compares favourably to full year revenues to 31 December 2017 of £1.928m.   

  • Group revenues from continuing operations for six months to 30 June 2018 of £2.842m. This compares favourably to full year revenues to 31 December 2017 of £1.928m.   

  • An operating profit from continuing activities in the period of £503k (FY 2017: operating loss of £391k, before exceptional items).

  • The decision to launch the BRICKLIVE brand across the USA and to discontinue the LEGO LIVE brand.

  • Post-period events:

    The launch by the Group’s joint venture partner in China of BRICKLIVE ANIMAL PARADISE in August 2018 in the National Stadium, Beijing, the first event of a 20 city tour in China over the next three years.

  • Joint venture signed, in September 2018, in the US with Three Six Zero, to create Parallel Three Six Zero Inc. (“PTSZ”), and exclusivity terms agreed by PTSZ with Live Nation Entertainment, Inc. for the promotion of BRICKLIVE events throughout North America.

Further details on the post-period events can be found below. 

David Ciclitira, Chairman, said: “The first six months of this year have been an amazing journey. Having only created Live Company Group at the end of last year, we have achieved a great deal. 2018 was always going to be a year of investment, and I am pleased that we have recorded a profit, whilst managing to expand internationally. I believe that this is a good base for our full-year results and we look forward to the growth in the second half of this year. The recent announcements relating to both China and BRICKLIVE’s launch of the joint venture in America are an indication of the exciting times we have ahead, both for the rest of 2018 and into 2019.

Copies of the half-yearly results can be downloaded from here.

BRICKLIVE Café

As part of his travels in Asia this week, Executive Chairman David Ciclitira checks in with the progress of the BRICKLIVE Café at DDP, South Korea. BRICKLIVE is about creating that all round, interactive and fun experience for LEGO fans and families and the BRICKLIVE Café encapsulates that perfectly with a range of activities and a place to rest your feet!

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