Published: March 24, 2026 at 7:50 pm
Online review platform Trustpilot saw its share price fall by more than 16 per cent after Advent Global Opportunities offloaded 21.6m shares.
Advent, a leading global private equity investor, placed the shares at 214p, raising around £46m.
Trustpilot will not receive any proceeds from the placing.
The placing represented around 5.6 per cent of Trustpilot’s existing issued ordinary share capital.
The news spooked the market, sending Trustpilot’s share price tumbling from 235.80p to 196p during the day, giving it a market cap of £754.8m.
Advent continues to hold a small residual stake of approximately 250,000 shares through a separate fund, which, if sold in the future, will not be through a capital markets event.
Today’s fall comes just a week after Trustpilot’s share price rose nearly 30 per cent after the firm reported profitability ahead of expectations, amid a dramatic rise in its visibility within AI models.