Today news
About the same in other media
Chrysalis considers fresh investment programme amid hopes of £200m liquidity boost
Reading now: 961
In a trading statement today (28 October), managers Richard Watts and Nick Williamson said the sale of Featurespace to Visa and Klarna's upcoming IPO, which they expect in the first half of 2025, could generate a total £200m of potential liquidity. This amount, which represents 38% of the trust's market cap, would be in addition to the trust's current £109m liquidity position, following $57m proceeds from the sale of Graphcore to SoftBank and the drawdown of a £70m loan facility from Barclays Bank. According to Chrysalis, the forthcoming liquidity from the Featurespace sale and Klar...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Chelverton AM names Julie Dean co-manager of fresh UK Opportunities fund investmentweek.co.uk /1 month ago
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs economictimes.indiatimes.com /1 month ago
Rupee falls to fresh low of 84.41 against US dollar economictimes.indiatimes.com /1 month ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
