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15 June 2026
Literacy Capital plc ("Literacy" or the "Company")
PDMR Dealing Announcement
The Company announces that on 11 June 2026, Jesse Portner, Will Baker, Aasha Tailor, Tom Rowe, Niamh Murphy and Jake Thompson who are all PDMRs and LLP Members or employees of the Investment Manager, were issued warrants to subscribe for Ordinary Shares of £0.001 each in the Company ("Ordinary Shares") as set out below.
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 | Jesse Portner | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, LLP Member of the Investment Manager | ||||
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 | Jesse Portner has been issued with 100,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029.
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c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 100,000 warrants in aggregate | |||||
- Total Exercise Price | £392,400 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Will Baker | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, LLP Member of the Investment Manager | ||||
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 | Will Baker has been issued with 100,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029.
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c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 100,000 warrants in aggregate | |||||
- Total Exercise Price | £392,400 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Aasha Tailor | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, LLP Member of the Investment Manager | ||||
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 | Aasha Tailor has been issued with 80,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029.
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c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 80,000 warrants in aggregate | |||||
- Total Exercise Price | £313,920 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Tom Rowe | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, LLP Member of the Investment Manager | ||||
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 | Tom Rowe has been issued with 50,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 50,000 warrants in aggregate | |||||
- Total Exercise Price | £196,200 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Niamh Murphy | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, LLP Member of the Investment Manager | ||||
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 | Niamh Murphy has been issued with 50,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029.
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c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 50,000 warrants in aggregate | |||||
- Total Exercise Price | £196,200 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Jake Thompson | ||||
2. | Reason for the notification | |||||
a) | Position/status | PDMR, employee of the Investment Manager | ||||
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 | Jake Thompson has been issued with 40,000 warrants that have an exercise price of £3.924 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 11 June 2029.
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c) | Price(s) and volume(s) |
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d) | Aggregate information | |||||
- Aggregate volume | 40,000 warrants in aggregate | |||||
- Total Exercise Price | £156,960 | |||||
e) | Date of the transaction | 11/06/2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
g) | Additional information | NA | ||||
-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
Deutsche Numis
Hugh Jonathan / George Shiel
+44 (0) 20 7260 1000
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. £13.1m 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.
A copy of this announcement will be available on the Company's website at www.literacycapital.com.
This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. 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
Literacy Cap (BOOK)
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