Chrysalis Investments announces compulsory capital redemption
The company redeemed 19,685,039 ordinary shares at 127.0 pence each. The remaining shares will trade under new ISIN GG00C0GC7Q38 after 8.00 a.m. today.
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The company redeemed 19,685,039 ordinary shares at 127.0 pence each. The remaining shares will trade under new ISIN GG00C0GC7Q38 after 8.00 a.m. today.
The company also says it completed the sale of its remaining Klarna stake for about £34 million.
Chrysalis Investments Ltd LSE:CHRY
The investment company sold its remaining Klarna shareholding for about £34 million and will return about £25 million to shareholders at 127.0 pence per share. The balance of net proceeds, about £9 million, will be retained as operating capital and for possible follow-on investments.