New Listing Category and Board Changes

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South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.

9 September 2026

Literacy Capital plc

New Listing Category and Board Changes

Literacy moves to the main market

Literacy Capital plc ("Literacy" or the "Company"), a listed investment trust primarily focused on investing directly into private businesses based in the UK, is pleased to announce that the Company's ordinary shares ("Shares") will be listed on the Closed-Ended Investment Funds category of the Official List of the UK Financial Conduct Authority (the "FCA") (the "Official List"). The Company's Shares are expected to unconditionally trade on the London Stock Exchange's ("LSE") main market for listed securities as an Official List company with effect from 8:00 am on 11 September 2026 (the "Admission"). The Company's ticker will remain as BOOK.

The Company's move to the Official List from the Specialist Fund Segment of the LSE's main market has been communicated to shareholders over recent months and forms part of its broader strategy to enhance its marketability, improve investor access to its shares and continue delivering strong shareholder returns.

The Company has formalised its investment policy in order to meet the FCA's eligibility criteria for admission to the Official List. The full text of the investment policy can be found on the Company's website: www.literacycapital.com. 

While the Company was admitted to trading on the Specialist Fund Segment, the Company voluntarily complied with certain provisions of the UK Listing Rules ("UKLRs"). Following Admission, the Company will be required to comply in full with the applicable provisions of the UKLRs, including in relation to transactions with related parties, financial reporting, contents of shareholder circulars and other continuing obligations.

Ahead of Admission, Paul Pindar will step down as Chair of the Board and will remain a non-independent non-executive Director of the Company. Dawn Marriott, who was appointed to the Board in February 2026, will be appointed independent non-executive Chair, succeeding Paul prior to Admission. This change is proposed to ensure that the Company satisfies the requirement under UKLR 11.2.12R(1) that the Chair of the Board be independent upon Admission.

-ENDS-

For further information, please contact:

Literacy Capital plc / Book Asset Management LLP

Richard Pindar / Aasha Tailor

+44 (0) 20 3960 0280

Deutsche Numis

Hugh Jonathan / George Shiel

+44 (0) 20 7260 1000

MHP Group

Reg Hoare / Ollie Hoare / Matthew Taylor

[email protected]

+44 (0) 7817 458 804

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. £13.5m 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