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Softline announced pricing of IPO and listing
26 October 2021

Softline, a leading global solutions and services provider in digital transformation and cybersecurity, with its headquarters in London, today announces the final offer price for its initial public offering (the "Offer") at USD 7.50 per GDR (the "Offer Price") and listing of global depositary receipts ("GDRs") representing ordinary shares of the Company (the "Ordinary Shares") on the London Stock Exchange.

 Based on the Offer Price, Softline's total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately USD 1.5 billion.

 Igor Borovikov, Founder and Chairman of Softline, said:

"Today is an extremely proud day for the whole company. Softline began as a local software reseller with 10 employees and has grown into a global emerging markets' IT leader, with a c. 6,000-strong world-class team working in 50+ countries. With the IPO now complete, we are remarkably well equipped to further reinforce our market position while continuing our trajectory of fast and profitable growth. We'd like to welcome our new investors and thank them for their trust and confidence in us.  We understand that becoming a publicly listed company brings along a great deal of responsibility. We are all fully committed to maximising value for the benefit of all of our stakeholders in the years to come."