September 20, 2019 / 6:49 AM / a month ago

BRIEF-J.P. Morgan Securities Says 65.5 Mln Shares Sold In Trainline Raising 285 Mln Stg

Sept 20 (Reuters) - J.P. Morgan Securities:

* SELLERS SOLD 65.5 MILLION SHARES IN TRAINLINE BY ACCELERATED BOOKBUILD AT 435 PENCE/SHARE, RAISING GROSS PROCEEDS OF £285 MILLION

* AFTER PLACING KKR TO HOLD 59.6 MILLION SHARES IN TRAINLINE, REPRESENTING ABOUT 12.4% OF TRAINLINE’S ISSUED SHARE CAPITAL

* AFTER PLACING, OTHER SELLING SHAREHOLDERS TO HOLD 5.8 MILLION SHARES IN TRAINLINE, REPRESENTING ABOUT 1.2% OF ITS ISSUED SHARES

* NO PROCEEDS FROM PLACING WILL BE RECEIVED BY TRAINLINE Source text for Eikon: Further company coverage:

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