GlobantInvestors

Globant Announces Pricing of Upsized Secondary Offering at Closing Market Price

SAN FRANCISCO, March 27, 2015 /PRNewswire/ -- Globant S.A. (NYSE: GLOB), a new-breed technology services provider focused on delivering innovative software solutions, today announced the pricing of its secondary public offering of 3,473,382 common shares by certain of its shareholders, which represents a 20% increase in the amount of shares offered over the 2,906,266 common shares announced at the commencement of the offering on March 23, 2015. The common shares were sold to the public at a price of $18.50 per share. The closing price of the Company's common shares on March 26, 2015 was $18.50 per share. The Company will not receive any proceeds from the sale of common shares by the selling shareholders.

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The underwriters of the offering have a 30-day option to purchase up to an additional 521,008 common shares from certain of the selling shareholders.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Cowen and Company, LLC and LOYAL3 Securities, Inc. are acting as co-managers for the offering.

Registration statements relating to the offering became effective on March 26, 2015. The offering is being made solely by means of a written prospectus forming part of the effective registration statements. The final prospectus relating to the offering may be obtained for free by visiting the SEC website at http://www.sec.gov or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling (866) 803-9204, or from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by calling (800) 831-9146.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Globant

Globant (NYSE: GLOB) is a new-breed technology services provider focused on delivering innovative software solutions by leveraging emerging technologies and trends. Globant combines the engineering and technical rigor of IT services providers with the creative approach and culture of digital agencies. Customers select Globant as the place where engineering, design and innovation meet scale. In only 12 years, Globant has grown into a company with more than 3,700 professionals working for customers like Google, eBay Classifieds Group, JWT, EA and Coca-Cola, among others, has been recognized as one of the Top 10 Most Innovative Companies in South America by FastCompany, was included in the 2010 Cool Vendor in Business Process Services Report by Gartner, and has been featured in case studies at Harvard, MIT and Stanford.

Investor Relations Contact:

Juan Urthiague, Globant
investors@globant.com
(877) 215-5230

Media Contact:
Wanda Weigert, Globant
press@globant.com
(877) 215-5230

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SOURCE Globant