Darktrace Share Discussion Threads

[hamhamham1] 01/2/2023 07:17

01 February 2023
Darktrace plc

EBT Market Purchase Programme

Darktrace plc (DARK.L) (together with its subsidiaries "Darktrace" or the "Group"), a global leader in cyber security AI, today announces that Equiniti Trust (Jersey) Limited (the "Trustee"), as Trustee of the Darktrace Employee Benefit Trust (the "EBT") will commence on or about 1 February 2023 making further market purchases of ordinary shares of £0.01 each in Darktrace ("Shares") for up to 10 million Shares (the "EBT Market Purchase Programme").

Purchases under the EBT Market Purchase Programme are for a maximum aggregate consideration of £25 million (inclusive of brokerage and dealing charges). The EBT Market Purchase Programme will complete on or before 30 April 2023, unless extended by Darktrace (subject to applicable law). Shares purchased under the EBT Market Purchase Programme will be used to satisfy existing, planned and anticipated options and awards under Darktrace's employee share schemes, or as otherwise permissible within the terms of the EBT trust deed.

[terminator101] 01/2/2023 06:59

That detailed short report is pretty damming.

[dudishes] 31/1/2023 23:44

The Chairman elect, were you boasting at £8, £6 and now 2 flippen 40p

just like QFI, sucker!

Didn't bother to add today, as short from £8 looking rather tasty.

bye

[hamid1970] 31/1/2023 21:47

More balanced view

[itchycrack] 31/1/2023 20:55

A destiny with Dr Zero beacons.

[zam1] 31/1/2023 20:11

Dark must improve reputation and clarify all concerns raised in all recent articles including shorts latest in the next meeting once and for all.I believe Dark has good product and cyber security is and will be important in the future and demand will be there.Shorts have increased further 2.3% now.But I am still thinking it will go up 250 or above in the short term before next trading statement.SP is generally volatile.I think dark is worth holding long term.If it drops below 2 , I will add more.

[hamid1970] 31/1/2023 19:38

Looking good for a bounce tomorrow. Dont believe all this BS, self feeding - short-report= damage done, then cash the cheque.

Fill yer boots for the bounce ahead of Monday

[longtallsally] 31/1/2023 18:39

Halfpenny yes we get it as you have oosted this now multiple times. Bye bye

[halfpenny] 31/1/2023 17:41

We all know there is :
NO SMOKE WITHOUT FIRE! Do you feel lucky?

More will be revealed as days pass but if 200 support level breaks then it’s all deals off the table as the next low can be catastrophic for Dark at the end of a tunnel/road.

Just watching and Too Risky for now !

[jubberjim] 31/1/2023 17:35

Put my money where my mouth is
Bought a thousand @202

Added MNG at same time for same price


Was boring on the sidelines
Safe but oh so boring

Little bit of frisson added now

[the chairman elect] 31/1/2023 17:03

Easy to spout all this BS about accounting fraud and all that but unless it can be proved beyond reasonable doubt then it just remains BS

Therefore at the moment it is quite clearly just a load of old BS

[the chairman elect] 31/1/2023 16:57

In response, Darktrace comments:

"We have never been contacted by the authors of this report for information . As a UK listed business, our management team and Board take our fiduciary responsibilities very seriously and have full confidence in our accounting practices and the integrity of our independently audited financial statements. We have rigorous controls in place across our business to ensure we comply fully with IFRS accounting standards. We're proud of the business we have built, which today helps to protect over 8,100 customers around the world from cyber disruption."

[blackhorse23] 31/1/2023 16:50

Will drop below 100p ? Serious accounting fraud

[timmy11] 31/1/2023 14:15

half penny again, where is your pal lodgeview?

[halfpenny] 31/1/2023 14:11

OF I agree and we will know impact once US market opens.

Once 200 fails then how low is anyone’s guess.
Too Risky at these prices with Unknowns and Knowns to be answered by Dark!!

[the chairman elect] 31/1/2023 14:11

RNS was short an' sweet plus very much to the point AIMHO as LSE:DARK are taking legal advice on the matter!

[timmy11] 31/1/2023 14:11

and you do? hahaha

[one_frankel] 31/1/2023 14:05

Institutional 'Shorters' are incredibly well researched because their underlying risk is highly elevated in relation to a bull Crosswires!

...And you state the chances of being sued for libel are slim, really!...So an asset management company makes 'Spurious' claims about a listed company, destroys the company's reputation and thereby its shareholder value yet has no comeuppance but is that another moronic statement Crosswires!

...And I'm sure the defendants are quaking in their boots awaiting libel from Sava Plunger2 but you should really try to understand why those defendants are making such claims in the first instance if you actually know anything about investing whatsoever!

[g2theary] 31/1/2023 14:02

230p close here :);)

[plunger2] 31/1/2023 13:57

Ha - shorts on here having a go at DARK after a "so-called" report:
Maybe they should reflect on QCM

"Quintessential recently published a report into Cassava Sciences SAVA, -5.78%, which led to regulatory and criminal investigations by U.S. federal departments. The hedge fund was also named as a defendant in a defamation lawsuit launched by Cassava."

[crosswires] 31/1/2023 13:55

The kicker is any ‘research̵7; company doing dd on another and wanting to make a point about accounting practices would at least bother to make contact with the company like even Shadowfall did when attacking Wire-card via the FT. They are clearly trying to make waves to make money on their short before closing and moving on to the next. The "surely they know they must be right as they could be sued for libel if not" doesn’t really hold up as they don’t really specify anything and hide behind their disclaimers. They know the chances of being sued are slim, hence why they do it, often spuriously.

These events create opportunities always, best to ignore people who are not invested and don’t normally post on the companies boards because what is their agenda? Trying to help a buddy out? 😂

Nobody knows for sure where DARK share price is heading, but i’m only interested in the long term.

[one_frankel] 31/1/2023 13:48

What during those good old economic times CrossWires!

...And no worries about being filtered when you make such moronic comments!

[timmy11] 31/1/2023 13:45

well done crosswire, what is his purpose, plus he is very aggressive, makes u think he works for the company shorting

[crosswires] 31/1/2023 13:42

That’s a business issue Frankel, not accounting related. If you have a point to make at least make it salient. Filtered for being a classic bb example of someone who comes out of the woodwork when such events happen when they have no interest in the share. Too predictable 👋