Deep Defence is to sell 11m shares in cybersecurity firm worth about £70m at the company’s closing price on Tuesday
One of the largest shareholders in Darktrace is to sell a third of its shares in the British cybersecurity firm, in a move brokered at the end of a lock-up that prevents insiders selling their stakes in the recently floated company.
Deep Defence, a subsidiary of private equity firm Vitruvian Partners, is to sell 11m shares in Darktrace worth about £70m at the company’s closing price on Tuesday.
