Recently-listed Darktrace tumbled on Friday after a group of shareholders sold 23.15m shares in the cybersecurity firm in a placing at 620p each.
The price was a 9.5% discount to the closing share price on Thursday. The shares were sold by KKR Dark Aggregator, Summit DT CLN Holdings 4, Hoxton Ventures Fund I Opportunities III, and Balderton Capital SFI.
Jefferies, Berenberg and KKR Capital Markets acted as joint global co-ordinators and joint bookrunners on the placing.
Needham and Piper Sandler acted as joint bookrunners.
At 0810 BST, the shares were down 7.9% at 630.76p.
