Press release: Parallel Media Group (PMG) has conditionally agreed to acquire Brick Live and Parallel Live • Deal will fuel expansion of BRICKLIVE into Europe, the Far East and the Americas • Enlarged group to be renamed Live Company Group• BRICKLIVE events ran simultaneously across three continents last week 29 November 2017: Parallel Media Group plc today announces that it has conditionally agreed to acquire Brick Live and Parallel Live, to create a new live entertainment events company – Live Company Group – and bring BRICKLIVE to London’s Alternative Investment Market (AIM). The acquisition of the two companies and of partners’ shares in Brick Live Far East, are valued at £10m, and PMG is raising £1.3m through a share placing at 30p. On completion, the enlarged group will have a market value of £14.5m. To reflect the enlarged group’s new business focus it will be renamed Live Company Group plc
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