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Endava Announces Closing 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 closing of its initial public
offering of 7,291,000 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 3,228,995 ADSs were offered by
Endava and 4,062,005 ADSs were offered by existing shareholders of
Endava. The number of ADSs issued at closing reflects the exercise in
full of the underwriters' option to purchase up to an additional 951,000
ADSs at the initial public offering price less underwriting discounts
and commissions. Endava received approximately $60.1 million in proceeds
from the offering, net of underwriting discounts and commissions, but
before estimated offering expenses.

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