Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMerian Chrysalis Investment Company Limited Share News (MERI)

  • There is currently no data for MERI

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

IN BRIEF: Merian Chrysalis Plans Fundraise, Eyeing New Investment

Mon, 28th Sep 2020 17:47

Merian Chrysalis Investment Co Ltd - London-based investor in later stage private companies - Plans to raise GBP50 million via share placing priced at 148 pence each. In conjunction with the placing, there will be an offer made on the PrimaryBid platform of additional new ordinary shares at the same price. Says funds to be deployed into potential new investment. "The target is profitable and will provide diversification of holdings into a new industry vertical that the company's investment portfolio is not currently exposed to. As a result, the investment adviser believes it would be a highly complementary addition to the portfolio. Subject to successful completion of the investment process, the target would also allow rapid deployment of a substantial portion of the net proceeds of the placing," says Merian.

Current stock price: 149.50 pence

Year-to-date change: up 22%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

11 Dec 20 15:58

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

7 Oct 20 18:20

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

6 Oct 20 19:28

IN BRIEF: Merian Chrysalis To Invest USD60 Million In You & Mr Jones

IN BRIEF: Merian Chrysalis To Invest USD60 Million In You & Mr Jones

1 Oct 20 20:39

IN BRIEF: Merian Chrysalis Plans Fundraise, Eyeing New Investment

IN BRIEF: Merian Chrysalis Plans Fundraise, Eyeing New Investment

28 Sep 20 17:47

Online Retailer THG Floats On LSE With GBP5.4 Billion Market Cap

Online Retailer THG Floats On LSE With GBP5.4 Billion Market Cap

16 Sep 20 09:37

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

UK TRADING UPDATE SUMMARY: Mortgage Advice Bureau Launches Later Life

15 Sep 20 22:08

IN BRIEF: Merian Chrysalis Agrees GBP23 Million Follow-On Investment

IN BRIEF: Merian Chrysalis Agrees GBP23 Million Follow-On Investment

11 Sep 20 14:29

IN BRIEF: Merian Chrysalis And Draper Esprit Dispose Of TransferWise

IN BRIEF: Merian Chrysalis And Draper Esprit Dispose Of TransferWise

30 Jul 20 08:54

Merian Chrysalis Net Asset Value Declines In "Robust" First Half

Merian Chrysalis Net Asset Value Declines In "Robust" First Half

26 Jun 20 12:29

UK TRADING UPDATE SUMMARY: Caffyns To Reopen Showrooms As Curbs Ease

UK TRADING UPDATE SUMMARY: Caffyns To Reopen Showrooms As Curbs Ease

27 May 20 13:10

Merian Chrysalis Makes Three Investments Totalling GBP35 Million

Merian Chrysalis Makes Three Investments Totalling GBP35 Million

13 May 20 15:46

UK TRADING UPDATE SUMMARY: Dividends Continue To Suffer From Covid-19

UK TRADING UPDATE SUMMARY: Dividends Continue To Suffer From Covid-19

26 Mar 20 12:47

DIRECTOR DEALINGS SUMMARY: Wizz Air Chair Buys GBP700,000 In Shares

DIRECTOR DEALINGS SUMMARY: Wizz Air Chair Buys GBP700,000 In Shares

18 Mar 20 18:09

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

21 Feb 20 16:08

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.