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Literacy Capital PLC ( (GB:BOOK) ) has issued an update.
Literacy Capital PLC announced its final results for the year ending December 31, 2024, highlighting a slight decline in NAV per share and share price, attributed to the underperformance of two major portfolio companies. Despite these challenges, the company remains optimistic about its strategy, focusing on disciplined capital allocation and leadership improvements in its investments. The company has continued its charitable efforts, with total donations reaching £11.2 million since inception.
More about Literacy Capital PLC
Literacy Capital PLC is a closed-end investment company, co-founded by Paul and Richard Pindar in 2017, that focuses on investing in private businesses in the UK. Listed on the London Stock Exchange, the company aims to create long-term value in growing businesses and has a unique charitable objective, donating a portion of its annual NAV to improve literacy among children in the UK.
YTD Price Performance: -14.10%
Average Trading Volume: 12,693
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of BOOK stock, go to TipRanks’ Stock Analysis page.