12 Apr 2019 08:45
The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area (other than the United Kingdom), Canada, Australia, Japan or the Republic of South Africa.
12 April 2019
For immediate release
Merian Chrysalis Investment Company Limited (the "Company")
Portfolio Update
As announced by the Company on 5 March 2019, the net asset value ("NAV") per ordinary share of the Company was 98.54 pence as at 31 December 2018.
The Company is aware of pricing information attributable to an expected transaction by one of the Company's portfolio investments, which represents a material increase in the value previously assigned by the Company to that investment. The Company is not participating in this transaction. As a result of this expected transaction, the Company estimates an increase of approximately 8.9 pence per ordinary share to the Company's last reported NAV per ordinary share.
The Company's NAV and NAV per ordinary share as at 31 March 2019 will be calculated in accordance with its valuation policy and is expected to be reported in May in accordance with the usual reporting timetables. Shareholders should note that the calculation of the NAV per ordinary share as at 31 March 2019 will also take account of the latest valuations of the Company's other investments (including exchange rate movements in respect of those other investments where applicable) which are not known at this time. As such, this announcement does not constitute or describe an updated NAV of the Company.
This announcement contains inside information.
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For further information, please contact: Merian Global Investors: Will Gold
|
+44 (0) 20 7332 7500 |
Liberum Capital: Gillian Martin / Christopher Britton
| +44 (0) 20 3100 2222 |
Zeus Capital: John Goold / Ben Robertson
| +44 (0) 20 3829 5000 |
Maitland Administration (Guernsey) Limited: Aimee Gontier / Elaine Smeja | +44 (0) 1481 749364 |
LEI: 213800F9SQ753JQHSW24
A copy of this announcement will be available on the Company's website at https://www.merian.com/chrysalis/. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.
This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.