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Announcement on Board of Directors

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RNS Number : 1328N
Trainline PLC
20 September 2019
 

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          [email protected] 

For media enquiries, Victoria Biggs               [email protected] / +44 7850 205490

 

Brunswick Group

Azadeh Varzi, Simone Selzer                          +44 207 404 5959 / [email protected] 

 

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.

 


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Quick facts: Trainline

Price: 438

Market: LSE
Market Cap: £20.85 m
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