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Endava Announces Pricing of Initial Public Offering

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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, subject to customary closing
conditions. In addition, Endava and certain existing shareholders of
Endava have granted the underwriters a 30-day option to purchase up to
an additional 951,000 ADSs at the initial public offering price less
underwriting discounts and commissions, of which 28,995 ADSs are being
offered by Endava and 922,005 ADSs are being offered by existing
shareholders of Endava.

Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Credit Suisse
Securities (USA) LLC and Deutsche Bank Securities Inc. are acting as
joint book-running managers for the offering. Cowen and Company, LLC and
William Blair & Company, L.L.C. are acting as co-managers for the
offering.

The offering was made only by means of a prospectus. A copy of the final
prospectus related to the offering may be obtained, when available, from
Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY 10014; Citigroup Global Markets Inc.,
Attn: Prospectus Department, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or by telephone at (800)
831-9146; Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, One Madison Avenue, New York, NY, 10010, or by email at newyork.prospectus@credit-suisse.com;
or Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005,
Attn: Prospectus Department, or by telephone at (800) 503-4611, or by
email at prospectus.CPDG@db.com.
For the avoidance of doubt, such prospectus will not constitute a
"prospectus" for the purposes of Directive 2003/71/EC (and amendments
thereto, including Directive 2010/73/EU, 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.

A registration statement related to these securities has been filed
with, and declared effective by, the U.S. Securities and Exchange
Commission on July 26, 2018. Copies of the registration statement can be
accessed by visiting the SEC's website at www.sec.gov.
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.

About Endava

Endava is a leading next-generation technology services provider that
helps accelerate disruption by delivering rapid evolution to
enterprises. Engaging with an approach called Ideation to Production,
and delivering 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 experience-driven businesses by assisting them in
their journey from idea generation to development and deployment of
products, platforms and solutions.

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