Material Fact: Linx announces joint venture with Cielo
Sao Paulo, June 02, 2014 – LINX S.A. (BM&FBOVESPA: LINX3) (“Linx”) in compliance with the provisions of Article 157, § 4, of Law no. 6404 of December 15, 1976, as amended (“Corporations Act”), and CVM Instruction no. 358, of January 3, 2002, as amended, informs that it signed a nonbidding memorandum of understanding with CIELO S.A. (Bovespa: CIEL3 | OTC: CIOXY) (“Cielo”), to create a joint venture that will focus on the development and marketing of a single and integrated solution, which embarks business automation, management software and electronic payments platform for small-sized Brazilian retailers.
The completion of the transaction is subject to the signing of the definitive documents and approval of the applicable regulatory authorities. Linx will keep the market informed about the development of this operation.
The Company held a Conference Call on June 02, 2014, to present the new joint venture with investor. Click here to listen the Conference Call audio replay.
Finance VP and Investor Relations Officer
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