The aim of the exchange is to help businesses connect with investors and unlock capital at scale. It enables its accredited impact issuers to raise capital or undertake primary or secondary listings of debt or equity instruments. All issuer member companies must meet a rigorous set of criteria before joining, including the publication of an Impact Report. Propelair’s impact report is available to download from the Social Stock Exchange website.
Approved membership currently stands at 32 firms with a combined value of over £2bn.
In January 2015, the Social Stock Exchange and ICAP Securities & Derivatives Exchange Limited (“ISDX”) launched the Social Stock Exchange branded market segment for impact businesses.
The Social Stock Exchange Ltd (FRN: 625231) is an appointed representative of Kession Capital Limited (FRN: 582160) which is authorised and regulated by the Financial Conduct Authority (“FCA”) in the UK.
ISDX is a Recognised Investment Exchange operating a regulated market and a growth market and provides a secondary market trading facility. ISDX is supervised by the FCA.