Dynatrace Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

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WALTHAM, Mass.--(BUSINESS WIRE)-- Software intelligence company, Dynatrace, Inc. (NYSE: DT), today announced the closing of its initial public offering of 40,951,053 shares of common stock at a public offering price of $16.00 per share, which includes the full exercise of the underwriters’ option to purchase 5,341,441 additional shares of common stock at the public offering price. The offering consisted of 38,873,174 shares offered by Dynatrace and 2,077,879 shares offered by certain of Dynatrace’s existing stockholders. The gross proceeds to Dynatrace from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by Dynatrace, were $622.0 million. The shares commenced trading on the New York Stock Exchange under the ticker symbol “DT” on August 1, 2019.

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. acted as lead book-running managers for the offering. Barclays Capital Inc., Jefferies LLC, RBC Capital Markets, LLC and UBS Securities LLC also acted as book-running managers. KeyBanc Capital Markets Inc., William Blair & Company, L.L.C., Canaccord Genuity LLC, JMP Securities LLC and Macquarie Capital (USA) Inc. acted as co-managers.

The offering is being made only by means of a prospectus. Copies of the final prospectus relating to this offering may be obtained 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; 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; or Citigroup Global Markets Inc., Attention: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by phone at (800) 831-9146.

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 July 31, 2019. 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 enterprise cloud complexity and accelerate digital transformation. With AI and complete automation, Dynatrace’s all-in-one platform provides answers, not just data, about the performance of applications, the underlying infrastructure and the experience of all users.

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

Frances Ward
Dynatrace
frances.ward@dynatrace.com
650-766-6718

Source: Dynatrace Investor Relations

Released August 5, 2019