Schroder Bsc Investment Trust Raises £75M From London Ipo in Impact Investing First


credit: USACE on Flickr

Schroder BSC Social Impact Trust has raised gross proceeds of 75m from its IPO on Thursday.

The company has issued 74,999,999 ordinary shares priced at 1 each.

The shares will start trading on the London Stock Exchange on Tuesday 22 December.

It is the first time a trust dedicated to impact investing had gone public on a stock exchange, and similar projects were being considered elsewhere in the world.

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