Seraphim Space Investment Trust plc Share Offer
This offer is now closed for applications through interactive investor
Results of the Issue
- The Issue Price was set at 100 pence per Share.
- Seraphim Space Investment Trust plc (SSIT) has successfully raised gross proceeds of approximately £178.4 million.
- Application has been made for 178,414,562 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 (Monday 12 July 2021). Confirmation of allocations will be sent once the shares and refunds are showing on accounts.
- Please note the allocation policy was set by SSIT and not Interactive Investor.
Offer period
- The Offer Period for the Seraphim Space Investment Trust plc Share Offer closed at 1pm on Friday 9 July 2021.
Trading starts
- Admission and unconditional dealing in the Ordinary Shares is expected to commence at 8am on Wednesday 14 July 2021. There is no conditional dealing period.
- When admitted to trading, the new Ordinary Shares will be registered with SEDOL (Stock Exchange Daily Official List) number BKPG013 and trade under the symbol "SSIT".
- If you buy or sell Seraphim Space Investment Trust plc Shares after admission the relevant share dealing rate will apply.
Will Whitehorn, Chair of Seraphim Space Investment Trust plc, commented:
"Seraphim is the world's number one investor in Space Tech, a sector that to date has been driven by private capital. Our IPO on the Main Market of the London Stock Exchange gives investors unparalleled early access to companies that will shape a new economic revolution. We are delighted with the support received from retail and institutional investors alike. We look forward to playing our part, as an ambitious investor, in the space industrial revolution which is now underway around the globe and above it."
Key information
| Issue price per share: | 100 pence |
| Minimum investment: | £1,000 (multiples of £1 thereafter) |
| Stock ticker: | SSIT |
| SEDOL: | BKPG013 |
Expected timetable
| Offer open: | 22 June 2021 |
| Offer close: | 9 July 2021 (1pm) |
| Result announced: | 12 July 2021 |
| Unconditional dealing starts: | 14 July 2021 (8am) |
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. It should be remembered that the price of the shares can go down as well as up and that investors may not receive, on the sale or cancellation of the shares, the amount that they invested. If you are in any doubt about the contents of this document or the Prospectus, you should consult your accountant, legal or professional adviser or financial adviser.
Interactive Investor Services Limited uses the Seraphim Space Investment Trust plc Prospectus in accordance with the Company's consent and the conditions set out in the Seraphim Space Investment Trust plc 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.
"Seraphim Space Investment Trust plc" and the Seraphim Space Investment Trust plc logo are registered trademarks of Seraphim Space Investment Trust plc. Reproduced by kind permission of Seraphim Space Investment Trust plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.