Last checked at 20 Sep 2019 11:49
Trainline plc ("Trainline" or the "Company")
Announcement on Board of Directors
20 September 2019
It was announced today that, following a successful share placing in Trainline's shares, KKR Victoria Aggregator L.P., acting by its general partner, KKR Victoria Aggregator GP Limited ("KKR") had reduced its shareholding in Trainline to 59.6 million ordinary shares, representing approximately 12.4% of the issued share capital of the Company.
As a consequence of reducing its shareholding, under the terms of its relationship agreement with Trainline as set out in the IPO Prospectus, KKR will reduce its representation on the Board of Trainline from two Directors to one. Therefore, Franziska Kayser, who was appointed to the Board of Trainline on behalf of KKR, will step down with immediate effect, and Philipp Freise will remain KKR's representative on the Board of the Company.
Enquiries
For investor enquiries, Andrew Gillian investors@trainline.com
For media enquiries, Victoria Biggs press@trainline.com / +44 7850 205490
Brunswick Group
Azadeh Varzi, Simone Selzer +44 207 404 5959 / trainline@brunswickgroup.com
About Trainline
Trainline (www.trainline.com) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one‐stop shop for rail and coach travel bringing together millions of routes, fares and journey times from more than 250 rail and coach carriers across 45 countries.