The performance in June was hurt by the 40% correction in the SES-IMAGOTAG share price.

The company was attacked by a short-seller, GOTHAM RESEARCH, which states in its report that a part of SES revenue and earnings was unverified. We have already published a detailed analysis of this report.
In summary, we believe that the report is full of inconsistencies and misleading statements. Management provided highly satisfactory answers to each part of the attack, and regrets how the market reacted even though the report revealed nothing significant.

Now that ESG is a standard part of investment strategies, portfolio management companies apply very strict exclusion policies which sometimes prohibit them from holding shares of companies embroiled in controversy. In fact it was sales by retail investors, who are relatively uninformed, that largely drove the fall in the share price.
After this incident, the small cap segment experienced massive selling, on top of significant investor outflow already under way.

There were no other significant events in June.