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IN BRIEF: Seraphim Space Investment Trust net assets fall

Mon, 20th Nov 2023 14:43

Seraphim Space Investment Trust PLC - London-based space technology investment firm - Says net asset value at September 30 was 96.51 pence, down 7.7% from 92.90p at the end of June. "Despite the global geopolitical and macroeconomic environment, the space sector continues to grow at an unprecedented rate due to the critical nature of technology and insight it provides," says Chair Will Whitehorn. Looking ahead, expects portfolio to deliver "strong growth metrics" for the remainder of financial 2024.

Current stock price: 30.70 pence, up 5.5%

12-month change: down 41%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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