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IN BRIEF: Darktrace shareholders to sell USD150 million in shares

5th Aug 2021 18:09

Darktrace PLC - cybersecurity firm - Shareholders KKR Dark Aggregator LP, Summit DT CLN Holdings 4, Hoxton Ventures Fund I Opportunities III LP and Balderton Capital SFI SLP plans to sell USD150 million in shares through a placing to institutional investors.

The price per share and total of shares issued through the placing will be determined at the close of the bookbuilding process. Darktrace will not receive any proceeds from the placing.

Jefferies, Berenberg and KKR Capital Markets will act as joint global coordinators and bookrunners on the placing. Needham and Piper Sandler will act just as bookrunners.

Current stock price: 685.00 pence

Year-to-date change: up sharply from 330.00p since April 30

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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