25th Nov 2022 13:51
Chrysalis Investments Ltd - investor in technology and finance startups - Sells its stake in Revolution Beauty Group PLC for roughly GBP5 million in an off-market transaction. The asset was held at nil value in its September net asset value.
Chrysalis Investments Ltd was a cornerstone investor during Revolution Beauty's IPO together with Jupiter Asset Management. Jupiter Asset Management had subscribed for GBP90 million of the placing or just over 18% of the company. GBP45 million of that went to Jupiter's listed investment fund, Chrysalis Investments Ltd.
Current stock price: 68.90 pence
12-month change: down 72%
By Abby Amoakuh; [email protected]
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