386 GBp
9
2.39%
Last update Dec 15, 4:23 PM GMT
Main market
Day range
374
386
Previous close
377
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Literacy Capital plc
386.00
9
2.39%

Overview

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Description

Literacy Capital plc is a British closed-ended investment company that focuses on investing in and supporting medium-sized private businesses. Its primary function is to provide capital and strategic support to these companies to enable growth, development, and enhanced operational efficiencies. Notable for its unique approach combining investments with charitable contributions, Literacy Capital plc earmarks a portion of its profits for literacy initiatives, benefiting educational charities and projects focused on improving literacy skills. This philanthropic dimension distinguishes it within the investment landscape. The company plays a significant role in the market by fostering the growth of private enterprises across various sectors, including consumer goods, technology, and services. By investing in private entities, Literacy Capital plc facilitates innovation and job creation, contributing to the broader economic framework. Its dual focus on financial return and social impact aligns with the growing investor interest in sustainable and responsible investment strategies.

About

Address
5-11 Regent Street Saint James's
Floor 3, Charles House
London, SW1Y 4LR
Phone
Website
Instrument type
Closed-end fund
Country
United Kingdom
MIC code
XLON
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