The investment trust reported a 5.4% increase in NAV, outperforming market indices. New investments and a successful portfolio company sale demonstrate its value creation strategy, despite challenging market conditions.
The company provides a general update on its weekly webinar series and website.
The investment trust delivered a 1.6% increase in NAV per share in Q2, boosted by the sale of its second-largest holding at a 52% premium. However, the company faces some near-term headwinds, including sluggish UK growth and cost pressures.
The investment trust has completed the sale of its second largest holding, Velociti Solutions, at a 52% premium to carrying value, generating exceptional returns for shareholders.
The investment trust is hosting a capital markets event for investors and analysts, providing an opportunity to gain greater insight into the company's portfolio.
The investment trust Literacy Capital announces that one of its independent directors has purchased additional shares in the company.
The investment trust delivered a solid Q1 performance, with NAV growth and positive contributions from portfolio companies. However, the share price has underperformed, despite the firm's resilience in the face of market uncertainty.
The investment trust has increased the limit of its Revolving Credit Facility from £40 million to £50 million, providing additional financial flexibility.
The investment trust announces the release of a circular and notice of its annual general meeting to be held on 15 May 2025.
The investment firm has acquired a leading manufacturer and supplier of premium meat products, Langford's, and formed a new parent company, Red Sky Food Group, to drive growth in the food manufacturing sector.