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Chrysalis Investments Limited ( (GB:CHRY) ) just unveiled an announcement.
Chrysalis Investments Limited has successfully completed the sale of its entire holding in Featurespace to Visa, resulting in an initial cash proceeds of approximately £79 million with additional deferred payments. This sale, which represents a return of up to three times the initial investment, will significantly enhance the company’s liquidity and enable an increase in their capital return program to shareholders, reflecting a positive outcome for stakeholders and strategic alignment with their capital allocation policy.
More about Chrysalis Investments Limited
Chrysalis Investments Limited is an alternative investment fund, focusing on innovative and high-growth potential companies. It operates within the investment management industry, offering capital and strategic guidance to portfolio companies to support their growth and market expansion.
YTD Price Performance: 28.96%
Average Trading Volume: 2,298,087
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £572.3M
For a thorough assessment of CHRY stock, go to TipRanks’ Stock Analysis page.
