Softcat stock after-hours at EUR 21.90: plus 1.39 percent versus prior close
Published on 10/01/2026 at 23:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Softcat stock was at EUR 21.90 after-hours at 10:59 p.m. CEST on October 1, 2026, up 1.39 percent versus the prior close of EUR 21.60 at Lang & Schwarz.
Trading day in Germany
The Lang & Schwarz quote showed a bid of EUR 21.60 and an ask of EUR 22.20. The further course of after-hours trading at Lang & Schwarz until 11:00 p.m. CEST is shown by the continuously updated real-time quote of Softcat stock.
GDT acquisition and trading update
On September 17, 2026, Softcat plc said it had agreed to acquire GDT Topco, a U.S.-based IT solutions provider, for an enterprise value of $1.05 billion, or £785 million. The transaction was expected to close by the end of the first quarter of calendar 2027, subject to customary regulatory approvals. Softcat said the acquisition was expected to provide high-single-digit to low-double-digit underlying EPS accretion in the first full fiscal year. FT.com
In the same update, Softcat said it expected high-teens growth in FY2026 underlying operating profit, up from its previous mid-teens expectation. It also expected cash conversion toward the top end of its 85 percent to 95 percent guided range. The company scheduled its FY2026 preliminary results for October 14, 2026. FT.com
Equity issue
Softcat separately announced plans to raise approximately £350 million through an equity issue to help fund the GDT acquisition. The new shares were expected to represent no more than 10 percent of the company's issued share capital, and admission to trading was expected around September 22, 2026. Reuters
