Funding
Softcat Directors Agree to Subscribe for 12,432 New Ordinary Shares
By News Desk ·
Key takeaways
- Softcat directors agreed in aggregate to subscribe for 12,432 new ordinary shares of £0.0005 each.
- Admission of the PDMR Subscription Shares is expected at 8.00 a.m. BST on or around 16 October 2026.
- Following admission, Softcat will have 215,654,994 ordinary shares in issue, with none held in treasury.
- Softcat announced plans in September 2026 to raise approximately £350 million through an equity issue to partially fund its acquisition of General Datatech.
Softcat plc confirmed that all of its directors agreed in aggregate to subscribe for 12,432 new ordinary shares of £0.0005 each, with admission expected at 8.00 a.m. BST on or around 16 October 2026, TradingView reported. The UK IT infrastructure provider said the subscription follows its announcements on 17 and 18 September 2026 regarding possible subscriptions by directors.
Softcat's Director Subscription and Share Admission
The new ordinary shares will trade under ISIN GB00BYZDVK82. Softcat said the directors, described as PDMRs, agreed to subscribe for the shares in aggregate. Admission of the PDMR Subscription Shares is expected to become effective at 8.00 a.m. BST on or around 16 October 2026.
Following admission, the total number of shares in issue in Softcat will be 215,654,994 ordinary shares of £0.0005 each. Softcat said no ordinary shares are held by the company in treasury, so the total number of voting shares in issue will also be 215,654,994. The company said shareholders may use that figure as the denominator for calculations to determine whether they must notify their interest in, or a change to their interest in, Softcat under the Disclosure Guidance and Transparency Rules.
Luke Thomas is named as company secretary in the announcement.
Softcat's Funding and Scale Records
According to akta.pro company records, Softcat has one funding round on record: a 2026-09 post IPO equity round of $473.5 million. The same records list full-year revenue of £1.17 billion for the year ended March 31, 2025, up 10% year on year, and adjusted profit before tax of £70.4 million for FY2025, up 12% year on year. The records also list a market capitalization of £2.35 billion as of April 2026.
| Figure | Value |
|---|---|
| Post IPO equity round (2026-09) | $473.5 million |
| Full-year revenue, year ended March 31, 2025 | £1.17 billion |
| Adjusted profit before tax, FY2025 | £70.4 million |
| Market capitalization, April 2026 | £2.35 billion |
Softcat's Equity Raise and US Acquisition
Softcat announced plans in September 2026 to raise approximately £350 million through an equity issue to partially fund its acquisition of US IT provider General Datatech for an enterprise value of about $1,050 million, Investing.com reported. GDT, a North American data center and networking provider, agreed to be acquired by Softcat, with GDT retaining its name and leadership, Third News reported.
In October 2026, Softcat reported a 30.5% rise in gross invoiced income to £4.72 billion for the year ending July 31, driven by demand for AI-related infrastructure and security services, UK Investor Magazine reported.
Softcat's Next Steps After Admission
Softcat said admission of the PDMR Subscription Shares is expected to become effective at 8.00 a.m. The company said the new ordinary shares will trade under ISIN GB00BYZDVK82.