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Literacy Capital PLC ( (GB:BOOK) ) has issued an update.
Literacy Capital PLC reported a positive Q2 2025 performance with a 1.6% increase in net asset value per share, driven by a significant transaction involving its second largest asset, Velociti, which was sold and reinvested at a 52% premium. The company’s strategy of actively managing and recycling capital has shown promising results, with new investments like Red Sky and Trinitatum contributing positively. Despite challenges in the macroeconomic environment, Literacy Capital remains optimistic about its strategy’s potential to deliver strong returns and outperform benchmark indices over the long term.
More about Literacy Capital PLC
Literacy Capital PLC is a closed-end investment company listed on the London Stock Exchange. Co-founded by Paul Pindar and Richard Pindar in 2017, the company focuses on long-term investments in private businesses in the UK, aiming to create additional value with its support. Literacy Capital also has a charitable objective, donating 0.5% of its annual NAV to charities focused on improving UK literacy in children.
Average Trading Volume: 18,774
Technical Sentiment Signal: Hold
See more data about BOOK stock on TipRanks’ Stock Analysis page.