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Live Company chairman says business is now returning with first zoo in US back open

Live Company Group PLC's (LON:LVCG) David Ciclitira tells Proactive London's Andrew Scott they had its first zoo reopen last week in Michigan which enjoyed record numbers on the first day and he adds that they've already got their models in several other zoos in anticipation of doors reopening. He says by far the majority of its shows and events chose to postpone rather than cancel, some of them to Q4. ''We've maintained relationships with customers and have got funding in place ... we've made significant restructuring changes in terms of cost base but we've now taken about £1mln out of our overheads on a regular basis which means EDITDA going into 2021 and 2022 will see a positive effect''.

Quick facts: Live Company Group PLC

Price: 10.1 GBX

Market: AIM
Market Cap: £8.19 m

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Live Company Group PLC 'looking to the future' after securing additional...

Live Company Group PLC's (LON:LVCG) David Ciclitira speaks to Proactive London's Andrew Scott after announcing they've secured £250,000 in additional funding through a loan with NatWest to boost its working capital and continue its planned build programme for 2020. The loan's been made...

on 4/5/20

2 min read