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Prescott Group reports 5.4% stake in Endava (NYSE: DAVA) held via affiliated funds

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Endava plc was reported as having significant institutional holdings by Prescott Group entities and Phil Frohlich. Prescott Group Capital Management, L.L.C. and Mr. Frohlich each beneficially own 2,123,698 ADSs, representing approximately 5.4% of Class A Ordinary Shares. Holdings are held across affiliated funds, including a Master Fund holding 1,913,694 ADSs and Prescott Mid Cap holding 210,004 ADSs.

The filing states these percentages are calculated using 39,397,924 Class A Ordinary Shares outstanding as of November 7, 2025, per an Exhibit cited. Prescott Capital and Mr. Frohlich disclose voting and dispositive power over the ADSs through their roles as general partner and principal.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosed by Prescott Group affiliates and principal.

The filing lists 2,123,698 ADSs beneficially owned by Prescott Capital and Phil Frohlich, equal to 5.4% of the issuer's Class A shares based on an outstanding share count dated November 7, 2025.

Affiliated fund structure is detailed: most shares ( 1,913,694) sit in the Master Fund with 210,004 in Prescott Mid Cap. Future disclosures may show changes; cash‑flow treatment and intent beyond standard stewardship are not specified in the excerpt.

Prescott beneficial ownership 2,123,698 ADSs Amount beneficially owned by Prescott Capital and Phil Frohlich
Master Fund holding 1,913,694 ADSs Held in the account of the Master Fund (Small Cap Funds are general partners)
Prescott Mid Cap holding 210,004 ADSs Held in the account of Prescott Mid Cap
Percent of class (each of Prescott Capital & Frohlich) 5.4% Calculated using 39,397,924 Class A shares outstanding as of November 7, 2025
Shares outstanding used 39,397,924 shares Class A Ordinary Shares outstanding as of November 7, 2025 (Exhibit cited)
ADS market
"American Depositary Shares (ADS(s)), each ADS representing the right"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
Beneficial ownership regulatory
"Each of Prescott Capital and Mr. Phil Frohlich are the beneficial owners of 2,123,698"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Dispositive power regulatory
"Sole Dispositive Power 2,123,698.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.





29260V105

(CUSIP Number)
05/11/2026

(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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.
Signature:/s/ Phil Frohlich
Name/Title:Phil Frohlich, Managing Member
Date:05/15/2026
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:05/15/2026
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:05/15/2026
PRESCOTT GROUP AGGRESSIVE SMALL CAP MASTER FUND GP
Signature:/s/ Phil Frohlich
Name/Title:See Comments
Date:05/15/2026
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:05/15/2026
FROHLICH PHIL
Signature:s/ Phil Frohlich
Name/Title:Phil Frohlich, self
Date:05/15/2026

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.

FAQ

What stake does Prescott Group report in Endava (DAVA)?

Prescott Group Capital Management and Phil Frohlich each report beneficial ownership of 2,123,698 ADSs, representing about 5.4% of Class A Ordinary Shares as calculated in the filing.

How are Prescott Group’s Endava holdings allocated among its funds?

The filing shows 1,913,694 ADSs held in the Master Fund (Small Cap Funds as general partners) and 210,004 ADSs held in Prescott Mid Cap, per the reporting table and Item 4 disclosure.

What share count did the filing use to calculate percentages for DAVA?

Percentages were calculated using 39,397,924 Class A Ordinary Shares outstanding as of November 7, 2025, cited from Exhibit 99.1 (Notice of Annual General Meeting) referenced in the filing.

Does Prescott Group control voting and disposition of the reported ADSs?

Yes. Prescott Capital is the general partner and investment manager and may direct voting and disposition; Mr. Phil Frohlich, as principal, may also direct vote and disposition of the reported ADSs according to Item 4.