Literacy Capital PLC (GB:BOOK) has released an update.
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Literacy Capital PLC, a UK-based investment trust, has reported a strong second quarter with a 2.4% increase in net asset value (NAV), now at 522.6p per share, marking a continued sector-leading performance since its listing three years ago. The company’s NAV uplift was primarily driven by positive contributions from its largest holding, RCI, and other companies like Cubo Work and Wifinity, which have shown promising revenue growth. Alongside its financial achievements, Literacy Capital has also reached a charitable milestone, donating a total of £10 million to UK literacy charities since its inception.
For further insights into GB:BOOK stock, check out TipRanks’ Stock Analysis page.
