Chrysalis VCT PLC announces a share repurchase program. Under the program, the company will repurchase up to 4,457,636 ordinary shares, representing 14.9% of its issued capital. The minimum price which may be paid for an ordinary share is 1p, exclusive of all expenses.

The maximum price which may be paid for an Ordinary Share is an amount, exclusive of all expenses, equal to 105% of the average of the middle market quotations of the ordinary shares as derived from the Daily Official List of the London Stock Exchange, for each of the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The program will be valid till the next Annual General Meeting or for 15 months, whichever is earlier. As of February 14, 2014, the company had 29,917,025 shares in issue.