Darktrace slumps as shareholders sell 25m shares in placing
Darktrace
517.00p
16:35 25/04/24
-0.31%
-1.60p
Cybersecurity firm Darktrace tumbled on Friday after shareholders sold 25m shares in a placing.
FTSE 250
19,601.98
17:09 25/04/24
n/a
n/a
FTSE 350
4,434.34
17:09 25/04/24
n/a
n/a
FTSE All-Share
4,387.94
16:49 25/04/24
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Software & Computer Services
2,390.57
17:09 25/04/24
-0.91%
-21.95
KKR Dark Aggregator LP, Summit DT CLN Holdings 4 and Balderton Capital SFI SLP sold the shares at 750p each.
Jefferies, Berenberg and KKR Capital Markets acted as joint global co-ordinators and joint bookrunners on the placing, while Needham and Piper Sandler acted as joint bookrunners.
At 0900 BST, the shares were down 6.4% at 767.50p.