Shareholders to decide Chrysalis' future in continuation vote

Potential managed exit programme

Shareholders of the Chrysalis investment trust will be able to take part in a continuation vote by April 2024, with options including a potential managed exit on the table, as its five-year IPO anniversary approaches.

In the trust's interim results published today (27 June), chair Andrew Haining said shareholders will have an option at the AGM to vote on whether realisation proceeds should be reinvested and if so, how much and over what period of time. Shareholders will also be consulted on whether they would prefer to see a return of all investment proceeds, and therefore no reinvestment, via a managed exit programme. Chrysalis: Portfolio funding risk 'substantially reduced' amid progress towards profitability "There are several variables which need to be considered to reach the right outcome f...