The shares sold are equivalent to around 13.6% of the issued share capital of the company, which listed on the London stock exchange in late June. A lock-in arrangement had been in place preventing those who bought shares in the initial public offering from selling their shares until at least 180 days had passed but this was waived by the brokers that arranged the share placing.
The shares sold today were lobbed out at 435p a pop, compared to the 350p price at which they were listed.
The sellers, who included funds managed by Index Ventures, Ares and Alven Capital, received £285mln in aggregate for their shares.
KKR’s stake in the technology firm has been reduced to 12.4% after it offloaded 59.6mln shares to institutional investors.