While Alchemy Partners, Oaktree Capital Management and Apollo Global Management did not seek to exit their stakes in the listing, Oaktree and Apollo have now trimmed down their holdings, Reuters has reported.
The company has seen its stock rise over 60 per cent since March, when it raised £200m on the London Stock Exchange.
Oaktree had sold 20.4 million shares, taking its ownership stake from 27.6 percent from 36.9 percent, while Apollo has sold 14.6 million shares, going from 17.5 percent to 10.9 percent.
The shares were sold at 570 pence per share, a 4.5 percent discount on the group’s Tuesday closing price and yielding £199.5m, the report said.
Earlier this week, BC Partners-backed estate agent Foxtons was said to be seeking an IPO before the end of the month on the back of an invigorated UK housing market.
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