Proposed secondary placing in Trustpilot Group PLC
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Northzone VI L.P. ("Northzone" or the "Seller") has indicated its intention to sell up to approximately 12 million existing ordinary shares in Trustpilot Group plc ("Trustpilot" or the "Company") (the "Placing Shares") through a placing to eligible institutional investors by means of an accelerated bookbuild (the "Placing").
The ordinary shares held by the Seller following completion of the Placing will be subject to a 30 calendar day lock-up which is subject to certain exceptions and may otherwise only be waived with the consent of the Bookrunner.
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