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RNS Number : 7601V

Chrysalis Investments Limited

05 December 2023

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area (other than to professional investors in Belgium, Denmark, the Republic of Ireland, Luxembourg, the Netherlands, Norway and Sweden), Canada, Australia, Japan or the Republic of South Africa.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which forms part of domestic law in the United Kingdom pursuant to The European Union Withdrawal Act 2018, as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.

5 December 2023

Chrysalis Investments Limited ("Chrysalis" or the "Company")

Portfolio Update

The Company can today announce that it has visibility over a likely disposal at a valuation that, if applied to the Company's Net Asset Value ("NAV") as at 30 September 2023, would imply an increase of approximately 5.5 pence per ordinary share to the Company's NAV. Completion of the disposal, which is subject to conditions, is likely to take a number of months; a further statement will be made in due course.

At 30 November 2023, the Company had GBP32.8 million of liquidity, including an GBP11.7 million position in Wise plc.

-ENDS-

 
 
   For further information, please 
   contact 
 
   Media                                    +44 (0) 7976 098 139 
   Montfort Communications                  chrysalis@montfort.london 
   Charlotte McMullen / Toto Reissland 
   / 
   Lesley Kezhu Wang 
 
 Jupiter Asset Management: 
  James Simpson                           +44 (0) 20 3817 1696 
 Liberum: 
  Chris Clarke / Darren Vickers 
  / Owen Matthews                         +44 (0) 20 3100 2000 
 Numis: 
  Nathan Brown / Matt Goss                +44 (0) 20 7260 1000 
 Maitland Administration (Guernsey) 
  Limited: 
  Chris Bougourd                          +44 (0) 20 3530 3109 
 

LEI: 213800F9SQ753JQHSW24

A copy of this announcement will be available on the Company's website at https://www.chrysalisinvestments.co.uk

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.

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END

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December 05, 2023 09:14 ET (14:14 GMT)

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