Schroder BSC Social Impact Trust plc Share Offer
This offer is now closed for applications through interactive investor
Result of the IPO
- The Issue Price was set at 100 pence per Share
- Schroder BSC Social Impact Trust plc has successfully raised gross proceeds of £75 million.
- Applications have been made to the London Stock Exchange for 74,999,999 Ordinary Shares to be admitted to trading on the main market of the London Stock Exchange.
- Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.
- Share allocations are being credited today (Thursday 17 December 2020). Confirmation of allocations will be sent once the shares are showing on accounts
- Please note, the allocation policy was set by Schroder BSC Social Impact Trust plc and not Interactive Investor.
Offer period
- The Offer Period for the Schroder BSC Social Impact Trust plc share offer closed at 9am on Tuesday 15 December 2020.
Trading starts
- Admission and unconditional dealing in the Ordinary Shares is expected to commence at 8am on Tuesday 22 December 2020. There is no conditional dealing period.
- When admitted to trading, the Ordinary Shares will be registered with SEDOL (Stock Exchange Daily Official List) number BF78131 and trade under the symbol "SBSI".
- If you buy or sell Schroder BSC Social Impact Trust plc Ordinary Shares after admission the relevant share dealing rate will apply.
Susannah Nicklin, Chair of the Company, commented:
"We are delighted by the launch of this unique social impact trust, which will provide investors with a diverse mix of social impact investments at a time when social issues are understandably at the forefront of the minds of many investors. The Company is able to provide vital capital to charities and social enterprises tackling many social challenges, from homelessness to domestic abuse. I look forward to working with Schroders, Big Society Capital and shareholders as the Company seeks to deliver a measurable social impact and a financial return for investors".
Key information
| Issue price per share: | 100 pence |
| Minimum investment: | £1,000 (multiples of £1 thereafter) |
| Stock ticker: | SBSI |
| SEDOL: | BF78131 |
Expected timetable
| Offer open: | 23 November 2020 |
| Offer close: | 15 December 2020 (9am) |
| Result announced: | 17 December 2020 |
| Unconditional dealing starts: | 22 December 2020 (8am) |
Offer documents
Offer announcements
This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
Interactive Investor Services Limited uses the SBSIÂ Prospectus in accordance with the Company's consent and the conditions set out in the SBSIÂ Prospectus.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"Schroder BSC Social Impact Trust plc" and the Schroder BSC Social Impact Trust plc logo are registered trademarks of Schroder BSC Social Impact Trust plc. Reproduced by kind permission of Schroder BSC Social Impact Trust plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
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