REG - Literacy Capital PLC - PDMR Dealing Announcement

Literacy CapitalAnnouncement

29/04/2025 07:00

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RNS Number : 5046G  Literacy Capital PLC  29 April 2025

29 April 2025

 

Literacy Capital plc ("Literacy" or the "Company")

 

PDMR Dealing Announcement

 

Literacy Capital plc (LSE:BOOK), a listed investment trust primarily focused
on investing directly into private businesses based in the UK, announces that
Christopher Sellers, a PDMR and Independent Director, on 28 April 2025
purchased 50,000 ordinary shares of £0.001 each ("Ordinary Shares") in the
Company at a price of 382 pence per Ordinary Share.

Following these transactions, Christopher Sellers' total beneficial interest
in the Company is 500,000 Ordinary Shares, representing approximately 0.83% of
the Company's issued share capital.

The notification below, made in accordance with the requirements of the UK
version of Regulation (EU) No 596/2014 of the European Parliament and of the
Council of 16 April 2014 on market abuse (market abuse regulation) and
repealing Directive 2003/6/EC of the European Parliament and of the Council
and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, which is
part of UK law by virtue of the European Union (Withdrawal) Act 2018, as
amended, provides further detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1.                Details of the person discharging managerial responsibilities / person closely
                   associated
 a)                Name                                                         Christopher Sellers
 2.                Reason for the notification
 a)                Position/status                                              PDMR, Independent Director of the Company
 b)                Initial notification / Amendment                             Initial notification
 3.                Details of the issuer, emission allowance market participant, auction
                   platform, auctioneer or auction monitor
 a)                Name                                                         Literacy Capital plc
 b)                LEI                                                          2549006P3DFN5HLFGR54
 4.                Details of the transaction(s): section to be repeated for (i) each type of
                   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
                   place where transactions have been conducted
 a)                Description of the financial instrument, type of instrument  Ordinary Shares
                   Identification code                                          ISIN: GB00BMF1L080
 b)                Nature of the transaction                                    Purchase of shares
 c)                Price(s) and volume(s)                                       Price (s)  Volume (s)
                                                                                £3.82      50,000

 d)                Aggregate information
                   - Aggregate volume                                           50,000 shares in aggregate
                   - Total Price                                                £191,000
 e)                Date of the transaction                                      28 April 2025
 f)                Place of the transaction                                     London Stock Exchange

d)

Aggregate information

- Aggregate volume

50,000 shares in aggregate

- Total Price

£191,000

e)

Date of the transaction

28 April 2025

f)

Place of the transaction

London Stock Exchange

 

 

 

-ENDS-

 

For further information, please contact:

 

Literacy Capital plc / Book Asset Management LLP

Richard Pindar / Aasha Tailor

+44 (0) 20 3960 0280

 

MHP Group

Reg Hoare / Ollie Hoare / Matthew Taylor

book@mhpgroup.com

+44 (0) 7817 458 804

 

Singer Capital Markets Securities Limited

Alaina Wong

+44 (0) 20 7496 3000

 

About Literacy Capital plc

 

Literacy Capital (BOOK.L) is a closed-end investment company that was
co-founded by Paul Pindar and Richard Pindar in 2017 with £54m of capital.
Literacy listed on the London Stock Exchange in June 2021, before gaining
Investment Trust status on 1 April 2022. The Company focuses on opportunities
to invest for the long-term in growing private businesses where a clear route
to creating additional value can be seen with its support.

 

It also has a unique charitable objective, to donate 0.5% of annual NAV to
charities focused on improving UK literacy in children. £11.6 million has
been donated or reserved for donation to charities since the trust's creation
in 2017. For more information, please visit our website:
www.literacycapital.com
(https://protect.checkpoint.com/v2/___http:/www.literacycapital.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphNjUwYWQxZDUwODhlOWQ3MmI2NDdhYTkzOTJmNjA0Mzo2OmViNjk6ZTY1ZGRjZjU4MjE2YTJmMjU5YmYzMWZjOTYwMDBjMTI4MzY0YTIxYzQ1YzZkODczYzMwNzQ1YzM1YzI0NTg5YTpwOlQ6Tg)
.

 

A copy of this announcement will be available on the Company's website at
www.literacycapital.com
(https://protect.checkpoint.com/v2/___http:/www.literacycapital.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphNjUwYWQxZDUwODhlOWQ3MmI2NDdhYTkzOTJmNjA0Mzo2OmViNjk6ZTY1ZGRjZjU4MjE2YTJmMjU5YmYzMWZjOTYwMDBjMTI4MzY0YTIxYzQ1YzZkODczYzMwNzQ1YzM1YzI0NTg5YTpwOlQ6Tg)
.

 

Neither the content of the Company's website, nor the content on any website
accessible from hyperlinks on its website for any other website, is
incorporated into, or forms part of, this announcement nor, unless previously
published by means of a recognised information service, should any such
content be relied upon in reaching a decision as to whether or not to acquire,
continue to hold, or dispose of, securities in the Company.

 

LEI: 2549006P3DFN5HLFGR54

 

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