- Title:
PDMR Dealing Announcement - Time:
16:33:04 - Date:
28 Jun 2021 - Category:
Director/PDMR dealings - ID:
3657D
28 June 2021
Literacy Capital plc ("Literacy" or the "Company")
PDMR Dealing Announcement
The Company announces that on 25 June 2021, Richard Pindar (PDMR), Sharon Pindar (closely associated to a PDMR), Rachel Murphy (PDMR), Miral Patel (PDMR), Jesse Portner (PDMR), Thomas Vernon (PDMR) and Oliver Cox (PDMR), purchased 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 |
Richard Pindar |
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| 2. |
Reason for the notification |
|||||
| a) |
Position/status |
PDMR, Non-Independent Director of the Company |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
425,000 ordinary shares in aggregate |
|||||
| - Price |
£680,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| 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 |
Sharon Pindar |
||||
| 2. |
Reason for the notification |
|||||
| a) |
Position/status |
Closely associated to Paul Pindar (PDMR) |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
150,000 ordinary shares in aggregate |
|||||
| - Price |
£240,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| 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 |
Rachel Murphy |
||||
| 2. |
Reason for the notification |
|||||
| a) |
Position/status |
PDMR, Independent Director of the Company |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
62,500 ordinary shares in aggregate |
|||||
| - Price |
£100,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| 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 |
Miral Patel |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
9,375 ordinary shares in aggregate |
|||||
| - Price |
£15,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| f) |
Place of the transaction |
London Stock Exchange |
||||
| g) |
Additional information |
In addition, Miral Patel has been issued with 75,000 of warrants that have an exercise price of 160p and are exercisable, subject to certain conditions as described in the prospectus issued by the company, from 25 June 2024. |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
5,000 ordinary shares in aggregate |
|||||
| - Price |
£8,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| f) |
Place of the transaction |
London Stock Exchange |
||||
| g) |
Additional information |
In addition, Jesse Portner has been issued with 75,000 of warrants that have an exercise price of 160p and are exercisable, subject to certain conditions as described in the prospectus issued by the company, from 25 June 2024. |
||||
| 1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
| a) |
Name |
Thomas Vernon |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
11,000 ordinary shares in aggregate |
|||||
| - Price |
£17,600 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| f) |
Place of the transaction |
London Stock Exchange |
||||
| g) |
Additional information |
In addition, Thomas Vernon has been issued with 50,000 of warrants that have an exercise price of 160p and are exercisable, subject to certain conditions as described in the prospectus issued by the company, from 25 June 2024. |
||||
| 1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
| a) |
Name |
Oliver Cox |
||||
| 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 |
Purchase of shares |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregate information |
|
||||
| - Aggregate volume |
40,000 ordinary shares in aggregate |
|||||
| - Price |
£64,000 |
|||||
| e) |
Date of the transaction |
25/06/2021 |
||||
| f) |
Place of the transaction |
London Stock Exchange |
||||
| g) |
Additional information |
In addition, Oliver Cox has been issued with 50,000 of warrants that have an exercise price of 160p and are exercisable, subject to certain conditions as described in the prospectus issued by the company, from 25 June 2024. |
||||
-ENDS-
For further information, please contact:
Literacy Capital plc / Literacy Capital Asset Management LLP:
Richard Pindar / Tom Vernon
+44 (0) 20 3960 0280
Singer Capital Markets Securities Limited:
Robert Peel / Amanda Gray
+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.
PDMR Dealing Announcement16:33:0428 Jun 2021Director/PDMR dealings3657D