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Indices AIM & Small Cap SERAPHIM SPACE INVESTMENT TRUST

Seraphim Space Investment Trust to join FTSE 250 on 19 June

Seraphim Space Investment Trust (LSE: SSIT), the world's first listed SpaceTech investment company, will enter the FTSE 250 from the start of trading on 19 June following a recent £137m C share raise.

by tickstock newsroom
The image depicts a satellite orbiting Earth, showcasing its solar panels extended outward and a large communication dish atop. The backdrop features the curvature of the planet and a view of city lights illuminated at night, adding to the sense of technological advancement and global connectivity related to space exploration.

Seraphim Space Investment Trust (LSE:SSIT) will join the FTSE 250 from the start of trading on 19 June, elevating the world's first listed SpaceTech investment company after its 2021 IPO and a £137m C share fundraise.

The company said the promotion reflects continued growth in portfolio value and rising investor interest in SpaceTech and is expected to increase visibility, index-related demand and liquidity for SSIT.

"Our inclusion in the FTSE 250 marks a significant milestone for Seraphim Space Investment Trust and is a clear reflection of the progress we have made in scaling the Company over the last five years," Will Whitehorn, Chair.

Deutsche Numis and J.P. Morgan Cazenove are listed as the company's financial contacts in the announcement.

by tickstock newsroom
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