Investors gain after banks waive Trainline lock-up for KKR again

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Investors gain after banks waive Trainline lock-up for KKR again

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MWG83H Trainline website for booking train journeys on the Internet in the UK. London Victoria to Glasgow Central. Taking the train. Booking trains online. | Alamy Stock Photo

Investors who took part in an accelerated sale of shares in Trainline, the UK rail tickets booking website, on Monday evening, booked a 3.4% gain by Thursday's close, vindicating the decision by banks to waive a lock-up clause on private equity firm KKR, allowing it to trade out of the stock earlier.

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