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Literacy Capital Chairman Pledges Shares for Personal Loan
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Literacy Capital Chairman Pledges Shares for Personal Loan

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Invest with Confidence:

An update from Literacy Capital PLC ( (GB:BOOK) ) is now available.

Paul Pindar, Chairman of Literacy Capital PLC and its largest shareholder, has pledged 15,000,000 of his shares as collateral for a personal loan with HSBC to fund property investments. Despite the pledge, Pindar remains the beneficial owner of the shares, retaining full voting rights, and has not sold any shares since the company’s 2021 market admission, highlighting stability in his investment stance.

More about Literacy Capital PLC

Literacy Capital PLC is a company listed on the London Stock Exchange, with a focus on investment management. Its primary activities involve providing capital to businesses, and it holds a significant position in the market with a strong shareholder base.

YTD Price Performance: -4.85%

Average Trading Volume: 12,836

Technical Sentiment Consensus Rating: Buy

See more data about BOOK stock on TipRanks’ Stock Analysis page.

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