Trustpilot Share News (TRST)

London close: Stocks mixed ahead of Fed, BoE decisions

(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.

LONDON MARKET MIDDAY: Pre-Fed rate nerves push FTSE 100 in red

(Alliance News) - The FTSE 100 was in the red on Wednesday at midday, as relief from cooling UK inflation was not enough to shake off nerves ahead of the latest US Federal Reserve interest rate decision.

IN BRIEF: Vitruvian sells 3.7% stake in Trustpilot for GBP31 million

Trustpilot Group PLC - Copenhagen-based consumer reviews platform - Trafalgar Acquisition Sarl, an investment vehicle owned by funds managed by Vitruvian Partners LLP, sells GBP31.0 million in Trustpilot shares in a placing run by the investment bank, Berenberg. Virtruvian sells 15.5 million Trustpilot shares, a 3.7% stake, at a price of 200 pence each. The placing via an accelerated bookbuild was announced after the London market close on Tuesday. It was increased from an original plan to sell 12.5 million shares, with Berenberg on Wednesday citing "strong investor demand". Vitruvian was one of the original backers when Trustpilot came to the market back in 2021. It will continue to hold 22.0 million shares, a 5.3% stake. Trustpilot will receive no proceeds, as the sale was of existing shares.

Vitruvian sells 15.5m Trustpilot shares in placing

(Sharecast News) - Vitruvian Partners has sold 15.5m shares in Trustpilot in a placing at 200p each.

LONDON BRIEFING: UK inflation cools to 3.4% in February; Eyes on Fed

(Alliance News) - Stocks in London are expected to open slightly lower on Wednesday, as investors digest some cooler-than-expected inflation in the UK and look ahead to the latest US interest rate decision.

Trustpilot investor Vitruvian to sell GBP26 million worth of shares

(Alliance News) - Vitruvian Partners LLP plans to sell 12.5 million shares in Trustpilot Group PLC, investment bank Joh Berenberg, Gossler & Co said on Tuesday.

London close: Stocks mixed as Japan ends negative rate policy

(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.

Trustpilot posts sharply reduced annual loss as revenue climbs

(Alliance News) - Trustpilot Group PLC on Tuesday noted ongoing momentum and a "significant" global opportunity ahead, as it reported higher revenue and a soundly reduced loss.

LONDON BROKER RATINGS: Investec cuts ConvaTec; RBC raises Vistry

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Trustpilot swings to full-year profit

(Sharecast News) - Trustpilot said on Tuesday that it swung to a profit in 2023 as revenue and user numbers jumped.

UK earnings, trading statements calendar - next 7 days

JP Morgan raises target price on Trustpilot

(Sharecast News) - Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190.0p to 250.0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.

LONDON BRIEFING: Spirent Communications agrees GBP1 billion takeover

(Alliance News) - Stocks in London are set to open down slightly on Tuesday, ahead of a slew of economic data.

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.