Announcement on Board of Directors

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          [e-mail] 

For media enquiries, Victoria Biggs               [e-mail] / [phone]

Brunswick Group

Azadeh Varzi, Simone Selzer                          [phone] / [e-mail] 

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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