11th Sep 2020 14:29
Merian Chrysalis Investment Co Ltd - London-based investor in later stage private companies - Commits GBP23 million in a follow-on capital to a unnamed portfolio investment. Details of the transaction currently remain confidential. Deal was undertaken at a valuation presenting a material mark-up to Merian Chrysalis's current carrying value of the asset. Investment is expected to lead to a gross increase in net asset value per share of around 4.4 pence compared to its last reported NAV per share of 137.26p on June 30.
Current stock price: 142.75p
Year-to-date change: up 16%
By Anna Farley; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
MERI.L