Dynatrace Announces Pricing of Follow-On Offering By Selling Stockholders

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WALTHAM, Mass.--(BUSINESS WIRE)-- Software intelligence company, Dynatrace, Inc. (NYSE: DT), today announced the pricing of an underwritten public offering of 30,000,000 shares of common stock by certain selling stockholders of Dynatrace at a public offering price of $35.00 per share. In addition, such selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 4,500,000 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on June 5, 2020, subject to customary closing conditions.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering.

The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering may be obtained, when available, by contacting the offices of Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone: 1-866-471-2526 or by emailing prospectus-ny@ny.email.gs.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Services, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, New York 11717, or via telephone: (866) 803-9204, or via e-mail: prospectus-eg_fi@jpmchase.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on June 2, 2020. 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 a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Dynatrace

Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With advanced observability, AI and complete automation, Dynatrace's all-in-one platform delivers precise answers about the performance of applications, the underlying infrastructure and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort.

Forward Looking Statements

This press release contains forward looking statements, including among other things, statements concerning the completion of the public offering, and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, market risks and uncertainties and the satisfaction of customary closing conditions for an offering of securities. These and other risks and uncertainties are described more fully in the preliminary prospectus, and in particular in the section captioned “Risk Factors”, related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date hereof, and, except as required by law, Dynatrace undertakes no obligation to update or revise these forward-looking statements.

Marc P. Griffin
646-277-1290
Marc.Griffin@icrinc.com

Michael Bowen
203-682-8299
Michael.Bowen@icrinc.com

Media Relations
Jack Murphy
ICR
Jack.Murphy@icrinc.com
646-677-1834

Mike Maciag
Dynatrace
mike.maciag@dynatrace.com
650-279-3655

Source: Dynatrace Investor Relations

Released June 3, 2020