Chrysalis VCT PLC
Chrysalis VCT PLC is a Venture capital trust investing in established companies, across a variety of sectors, to fund expansion, acquisitions, management buy-outs or turn around opportunities. Primarily Chrysalis invests in unquoted companies but will occasionally invest in AIM quoted shares.
If you are looking for investment Chrysalis currently has cash available and you are welcome to contact our investment executives to discuss your business plan.
If you are interested in taking a financial interest in successful small and medium-sized UK businesses Chrysalis VCT shares offer an attractive dividend. From time to time you can subscribe for new shares, which offer tax advantages. Existing shares are also traded via our brokers and all dividends and any capital gain on these shares is free of tax.
For information on new share issues please contact our corporate stock brokers whose details are on our contacts page.
Chrysalis successfully exits KnowledgePool
Chrysalis VCT has successfully exited its investment in KnowledgePool (KP), the Bracknell-based business that provides managed learning services to clients such as Virgin Media, Ford, Aviva and Lloyds Banking Group. KnowledgePool Group, which reported revenues of £21.7m in the year to 30 September 2011, was acquired by Capita for an undisclosed sum.
The three core learning services offered by KnowledgePool are supplier management, learning consultancy and training administration.
Chris Kay, managing director of Chrysalis VCT Management Ltd, said: “We invested in KP just over two years ago to help fund its impressive growth providing £1m in a debt and equity package. We are delighted to report that from the sale we received nearly 6 times the cost of our equity as well as enjoying a healthy yield on the debt throughout the investment”.