Darktrace slumps as shareholders sell 25m shares in placing
Darktrace
576.80p
17:15 30/09/24
0.00%
0.00p
Cybersecurity firm Darktrace tumbled on Friday after shareholders sold 25m shares in a placing.
FTSE 250
20,591.40
17:00 03/01/25
n/a
n/a
FTSE 350
4,534.15
16:54 03/01/25
n/a
n/a
FTSE All-Share
4,490.88
17:14 03/01/25
n/a
n/a
Software & Computer Services
2,629.32
16:54 03/01/25
-0.05%
-1.40
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.