In QuotedData’s morning briefing 23 February 2022:
- Seraphim Space (SSIT) has posted its interim results for the period from its IPO in July 2021 to 31 December 2021. During this time, it achieved an NAV uplift of 43.2% while its share price premium to NAV was 19.8%. The trust launched raising £150m before raising an additional £89.4m. Six further follow-on transactions and two new investments closed during the period with an aggregate cost of £72.9m, increasing the portfolio to 21 companies. £135m of capital has been deployed since IPO, in line with expectations and a strong investment pipeline.
We also have full year results from Capital & Counties.