Brief: Literacy Capital Says Sale Of Kernel Global At 48.9% Premium To Carrying Value

Literacy Capital

14/03/2023 07:36

March 14 (Reuters) - Literacy Capital PLC  BOOK.L :
    * LITERACY CAPITAL PLC  - LITERACY CAPITAL ANNOUNCES SALE
    * LITERACY CAPITAL PLC - SALE OF KERNEL GLOBAL AT A 48.9%
PREMIUM
TO CARRYING VALUE
    * LITERACY CAPITAL- IN ADDITION TO £19.0 MILLION OF CASH
RECEIVED
FROM TRANSACTION, LITERACY PREVIOUSLY RECEIVED £0.7M FROM
EARLIER REFINANCING OF BUSINESS

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