Trainline flotation backers cash in quick
No proceeds from the placing will be received by Trainline.
Company
Trainline PLC
LON:TRN
thetrainline.com is the leading online provider of rail tickets for travel in the UK by value of tickets sold, with a mission to help rail passengers save money, time and hassle. Customers booking in advance with thetrainline.com can save an average of 43% with Advance fares versus booking on the day of travel (limited availability & routes). Since it was established in 1997, thetrainline.com has developed a robust and scalable platform with a strong focus on customer-driven innovation.
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Trainline rides upwards as it upgrades full-year revenue guidance, appoints former Amazon UK boss as chairman
For the six months ended 31 August revenues at the train and coach ticket seller were up 29% at £129mln