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Stock impact report

Endava Announces Two Corporate Transactions

Endava plc American Depositary Shares (each representing one Class A Ordinary Share) (DAVA) 
Last endava plc american depositary shares (each representing one class a ordinary share) earnings: 2/13 07:14 am Check Earnings Report
Company Research Source: Business Wire
Endava announces the sale of the Captive to Worldpay; Strengthens relationship under MSA. A 32 person strong team of highly experienced cloud software implementation specialists joined Endava in Romania. LONDON--(BUSINESS WIRE)-- Endava (NYSE: DAVA): As previously disclosed, Worldpay has an option to purchase Endava Technology SRL, also referred to as “the Captive,” from us. The Captive is located in Bucharest, Romania and its 138 current employees work exclusively for Worldpay. Worldpay requested, and Endava agreed to allow, an early exercise of the option, which was not exercisable until September 2019. The aggregate purchase price for the Captive is within the previously agreed range as disclosed in Endava’s filings with the Securities Exchange Commission. The transaction is expected to close during the first quarter of Endava’s 2020 fiscal year, subject to Romanian reg Show less Read more
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