More gloom for Darktrace as top backer dumps stock
Evening Standard|November 03, 2021
MARKET ROUND-UP
Graeme Evans
More gloom for Darktrace as top backer dumps stock

The rocky ride for Darktrace since joining the FTSE 100 index continued today when a major investor dumped a third of its holding to send shares down by another 5%.

Deep Defence, part of private equity firm Vitruvian Partners, raised £63.8 million from the sale of 11 million shares at a price of 580p, a 9% discount to last night’s level of 632.5p.

The move, done via a placing process led by Berenberg and Morgan Stanley, represents a decent profit after the cyber security firm’s April flotation priced shares at 250p.

But Darktrace had been trading at 985p in mid-September, earning the company run by co-founder Poppy Gustafsson a place in the FTSE 100 index.

هذه القصة مأخوذة من طبعة November 03, 2021 من Evening Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 03, 2021 من Evening Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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