Chrysalis VCT plc
4 April 2013
Share Realisation and Reinvestment Programme ("SRRP") and Top-up Offer
On 31 January 2013, the Company published an Offer Document in respect of (i) a Tender Offer and Substitute Share Offer, together the Share Realisation and Reinvestment Programme ("SRRP"), to allow existing Ordinary Shareholders to subscribe for up to 48.5% of the issued Ordinary Share Capital of the Company from the proceeds of selling their existing Ordinary Shares back to the Company and (ii) a Top-up Offer to issue up to 2,979,102 additional Ordinary Shares.
The Directors of the Company are pleased to announce that in respect of the tax year 2012/13, on 4 April 2013, in accordance with the terms of the SRRP:
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A total of 6,342,414 Ordinary Shares were purchased for cancellation at a price of 84.5p per Ordinary Share.
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A total of 6,151,930 Ordinary Shares were allotted in respect of the proceeds of the shares tendered for cancellation at a price of approximately 87.1134p per Ordinary Share.
The Directors of the Company are also pleased to announce that 332,445 Ordinary Shares were allotted in respect of the tax year 2012/13 under the Top-up Offer on 4 April 2013 at a price of 87.1134p per Ordinary Share.
Included in the above are purchases and allotments in respect of Directors/PDMRs which are summarised as follows:
| PDMR | Shares purchased | Shares issued | Resulting shareholding | Resulting percentage of issued share capital |
| Julie Baddeley | 111,517 | 108,171 | 108,171 | 0.36% |
| Peter Harkness | 101,462 | 98,418 | 161,418 | 0.54% |
| Martin Knight | 180,652 | 175,232 | 175,232 | 0.59% |
| Christopher Kay | 141,660 | 137,410 | 310,550 | 1.04% |
| Robert Wilson | 10,000 | 9,700 | 9,700 | 0.03% |
Application for the total of 6,484,375 Ordinary Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made at the earliest practical opportunity.