São Paulo, July 02, 2021 – Linx S.A – (B3: LINX3 | NYSE: LINX), in addition to the Material Fact disclosed by the Company on June 16, 2021 and to the Notices to Shareholders disclosed by the Company on June 16 and 23, 2021, in which it informed the market about the next steps for the consummation of the business combination of Linx and STNE Participações S.A. (“STNE” and “Transaction”), pursuant to the “Protocol and Justification of the Merger of Shares issued by Linx S.A. into STNE Participações S.A.”, entered into on October 2, 2020 (“Protocol and Justification”) and approved by the Extraordinary General Shareholders’ Meetings of Linx and STNE held on November 17, 2020, informs its shareholders as follows.
The Company recommends that this Notice to Shareholders be read in conjunction with the Notices to Shareholders issued on June 16 and 23, 2021 (“June Notices”). Capitalized terms and not defined herein shall have the same definitions ascribed to them in the June Notices.
1 – Final Adjusted Amount of the Cash Installment
Pursuant to item 1.2 of the Protocol and Justification and as disclosed in the June Notices, on July 7, 2021, STNE will carry out (“Cash Installment Settlement Date”) the payment of the redemption amount of STNE Class A preferred shares to the holders of Linx shares at the end of the trading session of June 25, 2021, in the gross amount of R$ 33.5229 (thirty-three point five two two nine reais) for each STNE Class A preferred share (“Final Adjusted Amount of the Cash Installment”). The Final Adjusted Amount of the Cash Installment already considers all the adjustments and updates provided for in the Protocol and Justification and disclosed in the June Notices, including the projection of the variation of the DI Rate up to the Cash Installment Settlement Date. If there is any change in the projection made, a new Notice to Shareholders will be published by the Company in due course.
For the sake of clarity, the Company informs that all amounts mentioned in this Notice to Shareholders are gross, not considering any tax levied on payments to Linx shareholders, resident or non-resident, which have been detailed in the June Notices. Additionally, we clarify that, considering that the Final Adjusted Amount of the Cash Installment is a fractional amount, the payment of the redemption amount of STNE Class A preferred shares to holders of Linx shares at the end of the trading session of June 25, 2021 may be rounded off, if necessary.
The Company will keep its shareholders and the market in general informed, in accordance with the terms of the applicable legislation and regulations.