PDMR Dealing Announcement
10 December 2024
Literacy Capital plc ("Literacy" or the "Company")
PDMR Dealing Announcement
The Company announces that on 09 December 2024, Tom Rowe, who is a PDMR and LLP Member of the Investment Manager, was 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 | 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 £5.047 and are exercisable, subject to certain conditions as described in the prospectus issued by the Company, from 09 December 2027.
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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 | £252,350 | |||||
e) | Date of the transaction | 09/12/2024 | ||||
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
+44 (0) 7817 458 804 / + 44 (0) 7827 662 831
Singer Capital Markets Securities Limited
Alaina Wong
+44 (0) 20 7496 3000
LEI: 2549006P3DFN5HLFGR54
A copy of this announcement will be available on the Company's website at https://www.literacycapital.com/. 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.
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