Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

KKR Dark Aggregator sells 19.4m Darktrace shares in placing

(Sharecast News) - Jefferies said on Friday that KKR Dark Aggregator sold 19.4m shares in cybersecurity firm Darktrace in a placing. The shares were placed at 425p each, which is a discount of 7.8% to the closing share price on Thursday.

KKR Dark Aggregator is a technology growth fund advised by US private equity firm KKR.

Jefferies said the placing represents a full exit by the first technology growth fund (NGT I) advised by KKR and its affiliates that first invested in Darktrace in 2016.

The second technology growth fund (NGT II) advised by KKR did not participate in the placing and will continue to hold a stake of around 7.3%.

Jefferies and Berenberg acted as joint global co-ordinators and joint bookrunners on the placing.

Share this article

Related Sharecast Articles

Goldman Sachs to scrap bonus cap for UK dealmakers
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
Gazprom swings to $6.9bn loss as Europe sales plunge
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
London cabbies launch £250m legal action against Uber
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.