Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 189.00p
Change Today:
3.00p
Market Cap:
1,081.99m
Sector:
Closed End Investments

Chrysalis invests $67m in Deep Instinct for cybersecurity

By Sean Farrell

Date: Tuesday 06 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Chrysalis Investments has invested $67m (48m) in Deep Instinct, a US cybersecurity company, in the company's latest stake purchase since its recent fundraising.
The investment comprises new equity from Deep Instinct and new shares from existing holders. Deep Instinct has raised about $240m to expand its capabilities and spend on research.

Chrysalis said it had analysed the cybersecurity market carefully before investing in Deep Instinct. The industry is booming as companies seek to protect their operations from hostile attacks, especially with many employees working from home.

Deep Instinct will represent 4% of Chrysalis's portfolio. Its biggest holdings are in Klarna, the consumer credit business, and Starling Bank. Chrysalis increased its investment in Starling by 35m in June after raising 300m in March.

Richard Watts, Chrysalis's joint portfolio manager, said: "With cyberattacks continuing to be a significant risk for enterprises, including the recent spate of ransomware, we believe Deep Instinct's technology could prove to be game changing in the industry."

Chrysalis shares rose 0.2% to 245.5p at 09:15 BST.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CHRY Market Data

Currency UK Pounds
Price 189.00p
Change Today 3.00p
52 Week High 277.00p
52 Week Low 180.00p
Volume 1,316,770
Shares Issued 572.48m
Market Cap 1,081.99m
Beta 0.06

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
Not Available
Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

CHRY Dividends

No dividends found

Trades for 26-Jan-2022

Time Volume / Share Price
14:39 2,212 @ 189.00p
14:39 2,206 @ 189.50p
14:39 415 @ 190.45p
14:37 1,000 @ 190.45p
14:37 10,000 @ 190.50p

CHRY Key Personnel

Chair Andrew Haining