In a inventory trade discover on Thursday (26 September), the belief stated the transaction is anticipated to generate £89m in gross proceeds for Chrysalis, with £79m to be paid upfront.
The sale worth of Featurespace will come at a 20% premium to CHRY’ present carrying worth of the holding, which stood at £74.2m as of 30 June 2024.
This deal will subsequently present Chrysalis with a liquidity enhance, with money ranges anticipated to broaden from £47m as of 25 September to £195m, or 38% of its whole market worth as on that day.
Chrysalis secures £70m debt facility to spice up liquidity for share …
