The completion of the disposal came about three months after the belief mentioned it was prepared to start its £100m return of capital, together with an preliminary £40m share buyback following the sale of Featurespace to Visa.
In line with the LSE discover, the sale will convey CHRY preliminary money proceeds of £79m, whereas additional proceeds which quantity to round £11m have been “deferred in escrow”.
CHRY’s board famous that the overall consideration paid by Visa for the acquisition of Featurespace stays confidential.
Chrysalis eyes contemporary funding programme amid hopes of £200m liquidity enhance
CHRY ha…