REG - Scot.Mort Inv Tst - Update on NAV and SpaceX valuation

Scottish Mortgage Investment TrustAnnouncement

Yesterday 12:45

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RNS Number : 7969L  Scottish Mortgage Inv Tst PLC  16 December 2025

 

 

 

 

Scottish Mortgage Investment Trust PLC (SMT)

Legal Entity Identifier: 213800G37DCS3Q9IJM38

 

 

 

Update on Net Asset Value and adjustment to the valuation of Space Exploration
Technologies Corporation ("SpaceX")

 

Today, the Board has been advised by the Manager of a trigger event that
requires an upwards adjustment in the valuation of the Company's holding in
SpaceX in line with its policy for valuing private company investments. This
has been reflected in the Net Asset Value of the Company which as at close of
business on 15 December 2025 stands at 1,297.23p.

 

Following that adjustment in valuation the proportion of the Company's total
assets made up by SpaceX stands at 15.3% at close of business on 15 December
2025, compared with 8.2% on 30 November 2025.

 

 
Baillie Gifford & Co Limited
Company Secretaries
16 December 2025

 

Regulated Information Classification: Additional regulated information
required to be disclosed under applicable laws.

 

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