Material Fact – Share Buyback Program
São Paulo, June 22, 2018 – Linx S.A. (“Company“), (BM&FBOVESPA: LINX3), pursuant to the paragraph 4 of the article 157 of Law 6,404/76, as amended and in force (“Corporations Act“), CVM Instruction 358/02, as amended, and the CVM Instruction 567/15, as amended (“CVM Instruction 567“), hereby informs the Board of Directors, at a meeting held on this date, approved a share buyback program (“Share Buyback Program“) of LINX3.
Amount of shares to be acquired
In its sole discretion and under the terms of the Share Buyback Program, the Company may acquire up to 10,000,000 (ten million) common, nominative and book-entry shares with no par value, issued by the Company, corresponding to up to 6.02% of the total shares issued by the Company and up to 6.09% of the Outstanding Shares.
The purpose of the Share Buyback Program is to attend the exercise of deferred shares programs and eventually stock option programs that could also be maintained in treasury, canceled, give as bonus, or disposed, without reducing the Company’s capital stock, in accordance with the paragraph 1 of article 30 of the Corporations Act, and with the CVM Instruction 567.