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Live Company – “pleased to announce” agreement to settle deferred consideration in shares… but it’s not as originally agreed…

By Steve Moore | Monday 25 November 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Commenting on an agreement last week which Live Company Group (LVCG) argued “transformational for the group and the BRICKLIVE brand” but I questioning this as it was also stated only “gives the board further confidence in the current market expectations for 2020, which remain unchanged”, I also noted in October it having stated it “continues to be in advanced discussions with the vendors of Bright Bricks Holdings Limited regarding the settlement of the deferred consideration of, in aggregate, £0.833 million, due today, through the issue of new ordinary shares. Further announcements will be made as appropriate”. Now an announcement; “Deferred Consideration and Issue of Fee Shares”

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