Wed, 11th Oct 2023 11:02
(Sharecast News) - Trustpilot slid on Wednesday after venture capital fund Northzone sold 13m shares in the company in a placing.
The shares, which represent a stake of around 3.1%, were placed at 103p each.
The placing was conducted through an accelerated bookbuild with Berenberg acting as sole bookrunner.
Following completion, Northzone will hold just under 5.2m shares in Trustpilot.
At 1105 BST, the shares were down 7% at 102.30p.
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(Sharecast News) - Vitruvian Partners has sold 15.5m shares in Trustpilot in a placing at 200p each.
Trustpilot (TRST)