darktrace major shareholders

For regulatory requirements and disclosures, please send directly to: For any investor relations related queries, please contact: Darktrace Newsroom Capability Shortens Time from News Headline to Cyber Security Action, Darktrace Announces PREVENT/OT to Pre-empt Cyber Attacks on the World's Most Critical Infrastructure, New Research Finds Organizations Need to Adopt a Holistic Approach to Improve Cyber Readiness. (Photo by John Phillips/Getty Images for TechCrunch). It provides enterprise-wide cyber defense to over 7,400 organizations in over 110 countries, protecting the cloud, email, Internet of things (IoT), traditional networks, endpoints and industrial systems. The release, publication or distribution of the documents or other information contained herein may be restricted by law in certain jurisdictions. The prevailing view seems to be that the current management of Darktrace had relatively little to do with Autonomy, said Matthew Earl, managing partner of ShadowFall, which specialises in taking short positions at companies it thinks are overvalued, betting on their share prices falling. This week, the company is preparing to announce its first set of financial results as a public company. Darktrace USA: David Whiting Edelman Phone: +1 212 277 3808 Email: david.whiting@edelman.com. YOUR CONFIRMATION MUST BE TRUE AND ACCURATE. When cybersecurity unicorn Darktrace debuted on the London Stock Exchange on April 30th 2021, it took one week forWired to claimthat the listing salvaged Londons tech IPO dream. Insider Buying: DARK insiders have bought more shares than they have sold in the past 3 months. Get this delivered to your inbox, and more info about our products and services. Original reporting and incisive analysis, direct from the Guardian every morning. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Learn about Darktrace in this short factsheet outlining our investment case and key achievements in FY 2022. All rights reserved. Darktrace did not return a request for comment. Alliance News 5 August, 2021 | 5:09PM. Darktrace now employs more than 1200 people, and operates from 44 offices, with dual headquarters in Cambridge and San Francisco. Lynch denies all charges. These included potential money-laundering charges, should the proceeds of that deal be found to have funded 6.6m in start-up loans that Lynchs investment vehicle, Invoke Capital, extended to Darktrace as it grew. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Details of the shareholder . Feb 03 Darktrace plc to Report First Half, 2023 Results on Mar 08, 2023 Feb 01 See more updates Shareholder Returns See full shareholder returns Cambridge-based Darktrace will raise 143.4m gross proceeds from the deal, with existing shareholders selling shares worth only 21.7m. Deep Defence is to sell 11m shares in cybersecurity firm worth about 70m at the companys closing price on Tuesday. We are proud to be part of that tradition of British innovation, as the UK becomes a leading global centre for the development of AI., But the announcement comes amidst an ongoing legal battle involving key investor Mike Lynch, owner of Invoke Capital, Darktraces largest shareholder. In August, the same trio of investors, along with Hoxton Ventures, sold 23m Darktrace shares at 620p valued at 143.5p. The companys biggest stockholders at the time of Darktraces flotation were Summit Partners, the Autonomy founder, Mike Lynch and his wife, Angela Bacares, and KKR and EBT. Darktrace is a world leading provider of AI for the enterprise, with the first at scale deployment of AI in cyber security, and a pioneer of autonomous response technology. London has had a busy year of tech IPOs so far, with the likes of Deliveroo, Trustpilot and Moonpig having gone public. Forward-looking statements contained in documents available on this part of the website that reference past trends or activities should not be taken as a representation that such trends or activities will necessarily continue in the future. Significantly, the prospect of Lynchs895 million worth of sharesbeing cashed in led to widespread investor concerns and the tumbling DARK market capitalisation. THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS IN THE UNITED STATES OR PERSONS RESIDENT OR LOCATED IN AUSTRALIA, CANADA, DUBAI, HONG KONG, JAPAN, SINGAPORE, SWITZERLAND OR ANY OTHER JURISDICTION WHERE THE EXTENSION OF AVAILABILITY OF THE MATERIALS TO WHICH YOU ARE SEEKING ACCESS WOULD BREACH ANY APPLICABLE LAW OR REGULATION. Within weeks, a high court judge will decide whether Darktraces founder, the British billionaire entrepreneur Mike Lynch, can prolong his fight against extradition to the US. We can zoom in on the different ownership groups, to learn more about . you have read, understand and agree to comply with all of the restrictions set forth above; you are either (i) a QIB in the United States or (ii) are resident and physically present in a country outside the United States, Canada, Dubai, Hong Kong, Japan, Singapore or Switzerland or any other jurisdiction in which such distribution or access is unlawful; you are not resident or physically present in any Member State, unless you are a Qualified Investor; you are not resident or physically present in the United Kingdom, unless you are a Relevant Person; it is lawful for you to review and receive copies of the documents on this website; you agree that you will not transmit or otherwise send any information contained in this website to any person in the United States or to publications with a general circulation in the United States; and. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped.. Documents filed before the float went some way to explaining that. The company's listing has been dogged by concerns over its close ties to controversial U.K. tech entrepreneur Mike Lynch, who is battling extradition to the U.S. Lynch is accused of fraudulently inflating the value of Autonomy, the software company he founded, to Hewlett Packard for almost $11 billion in 2011. Even at that price, Lynch and Bacares share of the proceeds would be above 430m. . It provides enterprise-wide cyber defense to over 7,400 organizat. In particular, the securities have not been and will not be registered under the US Securities Act, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act. Darktrace shareholders are down 61% for the year, even worse than the market loss of 14%. 337927). It was stressful and sometimes toxic, they said. In a filing with the LSE on Monday, the company said it was in profit for the first time, with $9 million in the black on the back of nearly $200 million in revenues for the 2020 fiscal year. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. You must be a registered user to save alerts. Its products include Darktrace PREVENT, Darktrace DETECT, Darktrace RESPOND and Darktrace HEAL. A British court on Thursday rejected his attempt to block an extradition order made . But one of Darktraces most persistent critics, the hedge fund ShadowFall, contends that this very group of people should be giving investors cause for pause. Darktrace and shareholders plan to sell at least 20% of the company's equity, and the stock will trade on the . The up to 15% slump in the Cambridge firms shares following the ruling suggests investors are rattled. Major holders Insider roster Insider. Darktrace, which had been a star performer which joined the FTSE 100 last week, has seen its market value crumble from nearly 7bn to 4.7bn in a matter of weeks. Darktrace, a British company that specializes in artificial intelligence-based cybersecurity, has launched a successful IPO (initial public offering) in London. Although its worth acknowledging that DARK remains well above its listing price in the spring of 2021, widespread uncertainty has impacted the future prospects of the asset. The remaining management team, including chief executive Poppy Gustafsson, could share payouts of up to 200m, according to stock market filings issued last month. Lynchs only hope of avoiding extradition is to be granted the right to appeal, with a decision expected this month. We want to hear from you. (Hussains legal representation had previously declined to comment on the allegations, whilst his associate had denied any inappropriate behavior. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Share price information may be rounded up/down and therefore not entirely accurate. Earl has also raised concerns about the proportion of Darktraces budget that goes on research and development, an essential area of spend in a fast-developing area like cybersecurity. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. What a difference six months can make. In addition, in the United Kingdom, this document is being distributed only to, and is directed only at, "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation (Regulation (EU) 2017/1129), as amended by The Prospectus (Amendment etc.) Last Monday, two days before Darktrace replaced Morrisons in the FTSE 100 after the grocers takeover, an analyst note raising concerns over the business wiped a fifth of the companys market capitalisation. We, Yahoo, are part of the Yahoo family of brands. Este botn muestra el tipo de bsqueda seleccionado. Darktrace Singapore: Nicholas Tan Edelman Phone: +65 9663 8358 Email: nicholas.tan@edelman.com. Markit Short Selling Activity Markit. Its worth noting that Darktraces difficulties across the cybersecurity market are largely isolated and that the wider industry is undergoing something of a boom period. The information and documents on this portion of the website (a) are intended only for, and may be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to (i) "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "US Securities Act") ("QIBs") or (ii) persons resident or physically present outside the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, Dubai, Hong Kong, Japan, Singapore, Switzerland and resident and physically present in a jurisdiction in which such access, distribution or dissemination would not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) are not and do not constitute an offer to sell or the solicitation of an offer to buy or acquire, any ordinary shares or other securities of the Issuer in the United States, Australia, Canada, Dubai, Hong Kong, Japan, Singapore, Switzerland or any other jurisdiction in which such offer or solicitation would constitute a violation of the local securities laws or regulations of such jurisdiction or would be otherwise unlawful.