Anaplan Inc. Prices 15.5M Share IPO at $17/Sh

Anaplan, Inc. (NYSE: PLAN), a pioneer in Connected Planning, today announced the pricing of its initial public offering of 15,500,000 shares of its common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on the New York Stock Exchange on October 12, 2018 under the ticker symbol "PLAN." The offering is expected to close on October 16, 2018, subject to customary closing conditions.

Anaplan has granted the underwriters a 30-day option to purchase up to 2,325,000 additional shares at the initial public offering price less the underwriting discount.

Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as the lead joint book-running managers for the offering. Barclays Capital Inc. will serve as a book-running manager. KeyBanc Capital Markets Inc., Canaccord Genuity LLC, Evercore Group L.L.C., JMP Securities LLC, Needham & Company, LLC, Piper Jaffray & Co. and SunTrust Robinson Humphrey, Inc. will serve as co-managers.

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