Sunday, April 21, 2019

Endava Announces Proposed Public Offering of ADSs by Existing Shareholders

BWW News Desk
April 15, 2019

Endava plc NYSE DAVA today announced the launch of a proposed underwritten public offering of 5000000 American Depositary Shares ADSs each representing one Class A ordinary share of Endava all of which are being offering by existing shareholders of Endava In addition the selling shareholders expect to grant the underwriters a 30day option to purchase up to an additional 750000 ADSs on the same terms and conditions Endava will not receive any of the proceeds from the offering The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering p p Morgan Stanley amp Co LLC Citigroup Global Markets Inc Credit Suisse Securities USA LLC and Deutsche Bank Securities Inc are acting as joint bookrunning managers for the offering Cowen and Company LLC KeyBanc Capital Markets Inc and William Blair amp Company LLC are acting as comanagers for the offering p p The offering will be made only by means of a prospectus A copy of the preliminary prospectus related to the offering may be obtained from Morgan Stanley amp Co LLC Attention Prospectus Department 180 Varick Street 2nd Floor New York NY 10014 Citigroup Global Markets Inc Attn Prospectus Department co Broadridge Financial Solutions 1155 Long Island Avenue Edgewood NY 11717 or by telephone at 800 8319146 Credit Suisse Securities USA LLC Attention Prospectus Department 11 Madison Avenue New York NY 10010 by telephone at 18002211037 or by email at a referrerpolicyunsafeurl targetblank hrefmailtousaprospectuscreditsuissecom relnofollowusaprospectuscreditsuissecoma or Deutsche Bank Securities Inc 60 Wall Street New York NY 10005 Attn Prospectus Department or by telephone at 800 5034611 or by email at a referrerpolicyunsafeurl targetblank hrefmailtoprospectusCPDGdbcom relnofollowprospectusCPDGdbcoma For the avoidance of doubt such prospectus will not constitute a prospectus for the purposes of Directive 200371EC and amendments thereto including Directive 201073EU to the extent implemented in each relevant EU member state and will not have been reviewed by any competent authority in any EU member state p p A registration statement on Form F1 related to these securities has been filed with the US Securities and Exchange Commission but has not yet become effective These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective Copies of the registration statement can be accessed by visiting the SECs website at a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwsecgovampesheet51969737ampnewsitemid20190415005833amplanenUSampanchorwwwsecgovampindex1ampmd5c8862860e61faed8e889f3d5d3483899 relnofollowwwwsecgova This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction p p bAbout Endavab p p Endava is a leading nextgeneration technology services provider and helps accelerate disruption by delivering rapid evolution to enterprises Using distributed enterprise agile at scale Endava collaborates with its clients seamlessly integrating with their teams catalysing ideation and delivering robust solutions Endava helps its clients become digital experiencedriven businesses by assisting them in their journey from idea generation to development and deployment of products platforms and solutions p p p pimg referrerpolicyunsafeurl alt srchttpsctsbusinesswirecomctCTidbwnewsampsty20190415005833r1ampsidweb02ampdistronxamplangen stylewidth0height0span classbwct31415p

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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