Endava plc (DAVA) Prices 6.34M ADS IPO at $20/ADS

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Endava Announces Pricing of Initial Public Offering

July 26, 2018 9:12 PM EDT

LONDON--(BUSINESS WIRE)-- Endava plc (Endava), a leading next-generation technology services provider that helps accelerate disruption by delivering rapid evolution to enterprises, today announced the pricing of its initial public offering of 6,340,000 American Depositary Shares (ADSs), each representing one Class A ordinary share of Endava, at a price to the public of $20.00 per share, of which 3,200,000 ADSs are being offered by Endava and 3,140,000 ADSs are being offered by existing shareholders of Endava. The ADSs are expected to begin trading on The New York Stock Exchange on July 27, 2018 under the ticker symbol DAVA. The offering is expected to close on July 31, 2018,... More