Chrysalis Investments Provides Capital Allocation Policy Update
The investment company provides an update on its capital allocation policy, including details on share buybacks, reinvestment plans, and shareholder consultation.
The investment company provides an update on its capital allocation policy, including details on share buybacks, reinvestment plans, and shareholder consultation.
The investment company reports its portfolio continues to perform well, with the top five assets now accounting for 81% of net assets and 88% of the portfolio being profitable. The company has a strong liquidity position and saw a positive asset sale during the period.
The prominent investment company has agreed the sale of its entire holding in data infrastructure firm InfoSum to WPP plc, generating £48 million in proceeds and a significant uplift to the asset's carrying value.
The retailer has announced a change in major shareholding, with Connor Broadley Limited increasing its stake.
The investment company reports decent NAV and share price growth, with successful disposals, a share buyback programme, and strong portfolio company performance.
The company has announced the date for its upcoming Annual General Meeting, a standard regulatory event for public companies.
The investment company reports a significant 11% increase in net asset value, driven by strong portfolio performance and share buybacks. The business is focused on narrowing the discount to NAV, but this may limit new investment opportunities in the near term.
The investment trust reported a 4.9% increase in NAV per share, with portfolio companies showing strong growth. Successful realizations and a new debt facility have significantly improved liquidity.
The investment firm has increased its stake in the company, but this is a standard regulatory filing with no material impact.
Small capital return from legal settlement for diversified investment company.