Prescott Capital may direct voting and disposition through its general-partner and investment-manager roles, while Phil Frohlich may direct both as its principal.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
For Endava plc (DAVA), Prescott Group Capital Management, L.L.C. and its principal, Phil Frohlich, each reported beneficial ownership of 3,807,848 ADSs as of September 30, 2026. The holdings comprise 3,622,791 ADSs in the Master Fund account and 185,057 in Prescott Mid Cap’s account. Each ADS represents the right to receive one Class A Ordinary Share. Reported percentages were 9.7% for Prescott Capital and Frohlich, 9.2% for the Master Fund and Small Cap Funds, and 0.5% for Prescott Mid Cap, calculated against 39,397,924 Class A Ordinary Shares outstanding as of November 7, 2025.
Key Figures
Beneficial ownership:3,807,848 ADSsMaster Fund account holdings:3,622,791 ADSsPrescott Mid Cap account holdings:185,057 ADSs+4 more
7 metrics
Beneficial ownership3,807,848 ADSsEach for Prescott Capital and Phil Frohlich as of September 30, 2026
Master Fund account holdings3,622,791 ADSsAs of September 30, 2026
Prescott Mid Cap account holdings185,057 ADSsAs of September 30, 2026
Reported ownership percentage9.7%Each for Prescott Capital and Phil Frohlich
Reported ownership percentage9.2%Each for the Master Fund and Small Cap Funds
Reported ownership percentage0.5%Prescott Mid Cap
Class A Ordinary Shares outstanding39,397,924 sharesAs of November 7, 2025; denominator used to calculate the reported percentages
Key Terms
American Depositary Shares, Class A Ordinary Shares, beneficially owned, Sole Voting Power, +1 more
5 terms
American Depositary Sharesfinancial
"Title of class of securities: American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Class A Ordinary Sharesfinancial
"one (1) Class A Ordinary Share of Endava plc"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
beneficially ownedfinancial
"Amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerregulatory
"Sole Voting Power 3,807,848.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Powerregulatory
"Sole Dispositive Power 3,807,848.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many DAVA ADSs did Prescott Group and Phil Frohlich beneficially own?
Prescott Group Capital Management, L.L.C. and Phil Frohlich each reported beneficial ownership of 3,807,848 ADSs as of September 30, 2026. The holdings comprise 3,622,791 ADSs in the Master Fund account and 185,057 ADSs in the Prescott Mid Cap account.
Who could direct voting and disposition of DAVA ADSs?
Prescott Capital, as general partner and investment manager, may direct the Small Cap Funds, the Master Fund’s general partners, and Prescott Mid Cap to direct voting and disposition. Phil Frohlich, as Prescott Capital’s principal, may also direct voting and disposition.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Endava plc
(Name of Issuer)
American Depositary Shares (ADS(s)), each ADS representing the right to receive one (1) Class A Ordinary Share of Endava plc
(Title of Class of Securities)
29260V105
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OKLAHOMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,807,848.00
6
Shared Voting Power
7
Sole Dispositive Power
3,807,848.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,807,848.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
PRESCOTT GROUP AGGRESSIVE SMALL CAP LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OKLAHOMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
3,622,791.00
7
Sole Dispositive Power
8
Shared Dispositive Power
3,622,791.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,622,791.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
PRESCOTT GROUP AGGRESSIVE SMALL CAP II LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OKLAHOMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
3,622,791.00
7
Sole Dispositive Power
8
Shared Dispositive Power
3,622,791.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,622,791.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
PRESCOTT GROUP AGGRESSIVE SMALL CAP MASTER FUND GP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OKLAHOMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
3,622,791.00
7
Sole Dispositive Power
8
Shared Dispositive Power
3,622,791.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,622,791.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
PRESCOTT GROUP AGGRESSIVE MID CAP, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OKLAHOMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
185,057.00
7
Sole Dispositive Power
8
Shared Dispositive Power
185,057.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
185,057.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29260V105
1
Names of Reporting Persons
FROHLICH PHIL
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,807,848.00
6
Shared Voting Power
7
Sole Dispositive Power
3,807,848.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,807,848.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Endava plc
(b)
Address of issuer's principal executive offices:
125 OLD BROAD STREET, LONDON, UNITED KINGDOM, EC2N 1AR.
Item 2.
(a)
Name of person filing:
Prescott Group Capital Management, L.L.C. ("Prescott Capital"), Prescott Group Aggressive Small Cap, L.P. ("Prescott Small Cap"), Prescott Group Aggressive Small Cap II, L.P. ("Prescott Small Cap II" and, together with Prescott Small Cap, the "Small Cap Funds"), Prescott Group Aggressive Small Cap Master Fund, G.P. ("Master Fund"), Prescott Group Aggressive Mid Cap, L.P. ("Prescott Mid Cap") and Mr. Phil Frohlich.
(b)
Address or principal business office or, if none, residence:
1924 South Utica, Suite 1120
Tulsa, Oklahoma 74104
(c)
Citizenship:
Prescott Capital is an Oklahoma limited liability company. The Small Cap Funds are Oklahoma limited partnerships. The Master Fund is an Oklahoma general partnership. Prescott Mid Cap is an Oklahoma limited partnership. Mr. Phil Frohlich is the principal of Prescott Capital and is a U.S. citizen.
(d)
Title of class of securities:
American Depositary Shares (ADS(s)), each ADS representing the right to receive one (1) Class A Ordinary Share of Endava plc
(e)
CUSIP No.:
29260V105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Each of Prescott Capital and Mr. Phil Frohlich are the beneficial owners of 3,807,848 American Depositary Shares ("ADS(s)") of Endava plc (the "Issuer") as of September 30, 2026. Of the 3,807,848 ADSs, 3,622,791 ADSs are held in the account of the Master Fund, of which the Small Cap Funds are general partners. The remaining 185,057 ADSs are held in the account of Prescott Mid Cap. Prescott Capital serves as the general partner and investment manager of both the Small Cap Funds and Prescott Mid Cap, and may direct the Small Cap Funds, the general partners of the Master Fund, and Prescott Mid Cap to direct the vote and disposition of such ADSs. As the principal of Prescott Capital, Mr. Frohlich may direct the vote and disposition of such ADSs.
(b)
Percent of class:
Each ADS represents the right to receive one (1) Class A Ordinary Share of the Issuer. As such, each of Prescott Capital and Mr. Phil Frohlich are the beneficial owners of approximately 9.7%, each of the Master Fund and the Small Cap Funds are the beneficial owners of approximately 9.2%, and Prescott Mid Cap is the beneficial owner of approximately 0.5% of the outstanding shares of Class A Ordinary Shares of the Issuer. This percentage is determined by dividing 3,807,848, 3,622,791, and 185,057, respectively, by 39,397,924, the number of shares of Class A Ordinary Shares outstanding as of November 7, 2025, as reported in Exhibit 99.1 (Notice of Annual General Meeting) from the Issuer's Form 6-K filed with the Securities and Exchange Commission on November 12, 2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.
Signature:
/s/ Phil Frohlich
Name/Title:
Phil Frohlich, Managing Member
Date:
11/02/2026
PRESCOTT GROUP AGGRESSIVE SMALL CAP LP
Signature:
/s/ Phil Frohlich
Name/Title:
Phil Frohlich, Managing Member of Prescott Group Capital Management, L.L.C., its general partner
Date:
11/02/2026
PRESCOTT GROUP AGGRESSIVE SMALL CAP II LP
Signature:
/s/ Phil Frohlich
Name/Title:
Phil Frohlich, Managing Member of Prescott Group Capital Management, L.L.C., its general partner
Date:
11/02/2026
PRESCOTT GROUP AGGRESSIVE SMALL CAP MASTER FUND GP
Signature:
/s/ Phil Frohlich
Name/Title:
See Comments
Date:
11/02/2026
PRESCOTT GROUP AGGRESSIVE MID CAP, L.P.
Signature:
/s/ Phil Frohlich
Name/Title:
Phil Frohlich, Managing Member of Prescott Group Capital Management, L.L.C., its general partner
Date:
11/02/2026
FROHLICH PHIL
Signature:
/s/ Phil Frohlich
Name/Title:
Phil Frohlich, self
Date:
11/02/2026
Comments accompanying signature: Phil Frohlich, Managing Member of Prescott Group Capital Management, L.L.C., the general partner of Prescott Group Aggressive Small Cap II, L.P., and the general partner of Prescott Group Aggressive Small Cap, L.P.
Exhibit Information
A Joint Filing Agreement is incorporated herein by reference to Exhibit 99 to the Schedule G filed on August 7, 2026 by the Reporting Persons with the SEC (https://www.sec.gov/Archives/edgar/data/1656081/000116615226000007/0001166152-26-000007-index.html)
