Chrysalis VCT plc
Portfolio update/Investment realisations
14 April 2014
The Board of Chrysalis VCT plc announces successful exits from two portfolio companies.
A transaction has completed for the sale of 100% of the holding in Wessex Advanced Switching Products Limited for a cash sum materially in excess of the carrying value. Contracts have also been exchanged for the sale of the holding in Autocue Group Limited, also at a premium to carrying value.
Following these transactions, the Board estimates that the Company's unaudited net asset value per share has increased to 96.5p per share as at today's date, compared to the NAV at the 31 October 2013 year end of 83.5p per share.