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Cybersecurity firm Darktrace plans £3bn IPO on London Stock Exchange

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British firm’s CEO Poppy Gustafsson says London was ‘natural choice’ despite Deliveroo’s disastrous debut

The British cybersecurity firm Darktrace has announced plans for a £3bn listing on the London Stock Exchange, providing a shot in the arm for the City after Deliveroo’s disastrous debut damaged the capital’s reputation for big tech “unicorn” flotations.

Poppy Gustafsson, the company’s 38-year-old chief executive who holds a stake that will be worth a reported £20m when it floats in about a month, said that London was the “natural choice” despite Deliveroo shares plunging after the food delivery company’s debut last month.

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