Mimecast Limited Announces Launch of Secondary Offering

Watertown, MA, Sept. 26, 2016 -- Mimecast Limited (NASDAQ: MIME), a leading provider of next generation cloud security and risk management services for corporate information and email, today announced the launch of a registered secondary public offering of 4,000,000 ordinary shares. The underwriters have a 30-day option to purchase up to an additional 600,000 ordinary shares at the public offering price. All of the shares are being sold by Mimecast’s shareholders. Mimecast will not receive any proceeds from the sale of these shares.

J.P. Morgan, Barclays, Goldman, Sachs & Co., Jefferies and RBC Capital Markets are acting as book-running managers in the offering.  Oppenheimer & Co. and Dougherty & Company are acting as co-managers.

The offering will be made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling toll-free at (866) 803-9204; from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (888) 603-5847 or by emailing: [email protected]; from  Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: (212) 902-9316, or by emailing: [email protected]; from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, telephone (877) 821-7388 or by emailing: [email protected]; or from RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, telephone: (877) 822-4089, or by emailing: [email protected].

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. The registration statement can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Mimecast

Mimecast (NASDAQ: MIME) makes business email and data safer for 19,900 customers and millions of employees worldwide. Founded in 2003, the company’s next-generation cloud-based security, archiving and continuity services protect email and deliver comprehensive email risk management.

Media Contact:
Lona Therrien / Mimecast Limited / (781)-996-5340 / [email protected]

Investor Contact: 
Robert Sanders / Mimecast Limited / (781)-996-5340 / [email protected]