- Merian Chrysalis Investment Company said its annual net asset value per share had risen 15% in its first year since listing.

The company's NAV per share for the period between its 6 November 2018 listing and the end of September 2019 rose to 113.3p.

Total net assets jumped to £382m, up from £100m at listing.

'The investment advisory team has made excellent progress in building the portfolio and has already invested in some of Europe's most exciting and in-demand private businesses,' chairman Andrew Haining said.

'Both the NAV and share price have steadily increased since launch and we look forward to a continuation in growth over the year ahead.'

At 8:02am: [LON:MERI] share price was -0.5p at 128.5p

Story provided by