Appointment of independent Non-Executive Director

Literacy Capital PLC

17 December 2025

 

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.

17 December 2025

Literacy Capital plc

Directorate Change

Appointment of new independent Non-Executive Director

Literacy Capital plc ("Literacy" or the "Company"), a listed investment trust primarily focused on investing directly into private businesses based in the UK, is pleased to announce the appointment of Dawn Marriott as an independent Non-Executive Director with effect from 27 February 2026.

Dawn brings a wealth of expertise in business growth, operations, and governance. With a career spanning over three decades across multiple sectors, she has held several significant roles. Until recently, Dawn was a Partner at Hg Capital, Europe's leading private equity investor in software and services businesses, and has acted and continues to act as Group CEO or Executive Chair for several of its portfolio companies. Prior to joining Hg Capital, she was Chief Operating Officer and a Group Board Member at Capita. Dawn currently serves as an independent Non-Executive Director of JTC PLC, the FTSE 250 listed professional services business.

Dawn will be appointed as a member of the Audit and Management Engagement Committees.

After serving as a Non-Executive Director since February 2018, Simon Downing will step down from the Board with effect from 27 February 2026.

Paul Pindar, Chairman of Literacy Capital plc, commented:

"We are thrilled to welcome Dawn to the Board as an independent Non-Executive Director. Dawn has a remarkable track record of success in both public and private markets, including fantastic experience across several sectors, as well as having created demonstrable and significant shareholder value in her many roles. Dawn will bring energy, experience and tangible support and we are delighted she is joining Literacy's board.

"On behalf of the Board, I would also like to offer my sincere thanks to Simon for his outstanding contribution to Literacy Capital over the last eight years. His wisdom and practical support have been very valuable during a period of substantial growth for the Company and its portfolio, and we wish him every success for the future."

Dawn Marriott commented:

"I am delighted to be joining the Board of Literacy Capital. I look forward to working with Paul and the Board to support the Company's investment strategy and help drive value for shareholders."

-ENDS-

For further information, please contact:

Literacy Capital plc / Book Asset Management LLP

Richard Pindar / Aasha Tailor

[phone]

MHP Group

Reg Hoare / Ollie Hoare / Matthew Taylor

[e-mail]

[phone]

Deutsche Numis

Hugh Jonathan / George Shiel

[phone]

About Literacy Capital plc

Literacy Capital (BOOK.L) is a closed-end investment company that was co-founded by Paul Pindar and Richard Pindar in 2017 with £54m of capital. Literacy listed on the London Stock Exchange in June 2021, before gaining Investment Trust status on 1 April 2022. The Company focuses on opportunities to invest for the long-term in growing private businesses where a clear route to creating additional value can be seen with its support.

It also has a unique charitable objective, to donate 0.5% of annual NAV to charities focused on improving UK literacy in children. £12.4m has been donated or reserved for donation to charities since the trust's creation in 2017. For more information, please visit our website: www.literacycapital.com.

A copy of this announcement will be available on the Company's website at www.literacycapital.com.

The information contained in this announcement regarding the Company's investments has been provided by the relevant underlying portfolio company and has not been independently verified by the Company. The information contained herein is unaudited.

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.  The value of investments may fluctuate.  Results achieved in the past are no guarantee of future results. 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.

LEI: 2549006P3DFN5HLFGR54

 

END