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Trainline IPO proves just the ticket

Following its arrival at the London Stock Exchange on 21 June, Trainline shares jumped by nearly 25%. If you think the company is destined for success, you can invest in the stock with Saxo.

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Trainline IPO: key facts

Founded in 1997, the KKR-backed company is on a journey to connect passengers across the world with routes, fares and live journey times. With over 17 million users, Trainline is Europe’s leading train and coach app, and aggregates services from 200 providers in 45 countries. Early signals suggest investors could be on to a winner, but can the company stay on track, or will it go off the rails?

Company name: Trainline
Ticker symbol: TRN
Exchange: London Stock Exchange
Expected listing date: 21 June
Expected price: 350p
Filing amount: GBP 75 million
Shares offered: 56.5% of the company
Est. market cap: GBP 1.68 billion
Available as: Cash stock*

*Saxo offers trading on the secondary market from Trainline’s first day as a listed company.

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