Index sells Adyen block with tight discount and no lockup

By Sam Kerr
26 Nov 2019

Index Ventures took advantage of a buoyant atmosphere for accelerated trades on Monday night, with a €205.5m block in Dutch payments firm Adyen at a tight 1.5% discount and without a restriction preventing the seller from further disposals in the future.

Goldman Sachs was the sole bookrunner on the trade for 310,000 Adyen shares on the Amsterdam stock exchange.

Despite the offer price of €658 a share being a small concession to Monday’s close of €668, Adyen's share price rocketed up through Tuesday.

Adyen's stock continued to rise ...

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