05 November 2024
Literacy Capital plc
("Literacy" or the "Company")
PDMR Dealing
Announcement
The Company announces that on 04
November 2024, Jesse Portner, William Baker and Aasha Tailor, who
are all PDMRs and LLP Members 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
75,000 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 04 November 2027.
|
|
c)
|
Price(s) and volume(s)
|
|
Price (s)
|
Volume (s)
|
|
£5.047
|
75,000
|
|
|
d)
|
Aggregate information
|
|
|
- Aggregate volume
|
75,000 warrants in
aggregate
|
|
- Total Exercise Price
|
£378,525
|
|
e)
|
Date of the transaction
|
04/11/2024
|
|
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
|
William 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
|
William Baker 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 04 November 2027.
|
|
c)
|
Price(s) and volume(s)
|
|
Price (s)
|
Volume (s)
|
|
£5.047
|
50,000
|
|
|
d)
|
Aggregate information
|
|
|
- Aggregate volume
|
50,000 warrants in
aggregate
|
|
- Total Exercise Price
|
£252,350
|
|
e)
|
Date of the transaction
|
04/11/2024
|
|
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
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 04 November 2027.
|
|
c)
|
Price(s) and volume(s)
|
|
Price (s)
|
Volume (s)
|
|
£5.047
|
50,000
|
|
|
d)
|
Aggregate information
|
|
|
- Aggregate volume
|
50,000 warrants in
aggregate
|
|
- Total Exercise Price
|
£252,350
|
|
e)
|
Date of the transaction
|
04/11/2024
|
|
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
book@mhpgroup.com
+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.
