The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.
10 November 2025
Literacy Capital plc
B Share scheme return of capital
Literacy Capital plc ("Literacy", "BOOK", the "fund", or the "Company"), a listed investment trust primarily focused on investing directly into private businesses based in the UK, would like to confirm that further to today's announcement regarding the return of approximately £6 million under the Company's shareholder-approved B Share Scheme (the "B Share Return"), the Ex Date in respect of the B Share Return is 11 November 2025.
Timetable for the B Share Return
The expected timetable for the B Share Return is as follows:
| Ex Date in respect of the B Share Return
|
11 November 2025 |
| Record Date in respect of the B Share Return |
6.00 p.m. on 12 November 2025 |
| Issue and allotment of B Share in respect of the B Share Return |
13 November 2025 |
| Redemption Date in respect of the B Share Return |
13 November 2025 |
| Payment date: (i) cheques posted to Shareholders; and (ii) CREST holders credited with funds, in each case in respect of the B Share Return |
By 24 November 2025 |
-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
+44 (0) 7817 458 804
Singer Capital Markets
Mark Bloomfield (Investment Banking)
Alan Geeves, James Waterlow, Sam Greatrex, William Gumpel (Sales)
+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. £12.4m 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.
The information contained in this announcement regarding the Company's investments has been provided by the relevant underlying portfolio company and has not been independently verified by the Company. The information contained herein is unaudited.
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