Chrysalis VCT Plc Chrysalis Vct Plc : Portfolio Update/Investment Realisations
14 April 2014 - 8:00AM
UK Regulatory
TIDMCYS
Chrysalis VCT plc
Portfolio update/Investment realisations
14 April 2014
The Board of Chrysalis VCT plc announces successful exits from two
portfolio companies.
A transaction has completed for the sale of 100% of the holding in
Wessex Advanced Switching Products Limited for a cash sum materially in
excess of the carrying value. Contracts have also been exchanged for the
sale of the holding in Autocue Group Limited, also at a premium to
carrying value.
Following these transactions, the Board estimates that the Company's
unaudited net asset value per share has increased to 96.5p per share as
at today's date, compared to the NAV at the 31 October 2013 year end of
83.5p per share.
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Chrysalis VCT PLC via Globenewswire
HUG#1777035
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