São Paulo, August 11, 2020, Linx S.A. (B3: LINX3; NYSE: LINX), leading provider of retail management software in Brazil, informs its shareholders, the market in general and other interested persons the following.
On August 11, 2020, the Company, STNE Participações S.A., a Brazilian joint-stock corporation enrolled with CNPJ/ME under No. 35.767.420/0001-82 (“STNE” and, jointly with Linx, the “Companies”), and STONECO LTD., a company organized and validly existing under the laws of the Cayman Islands, enrolled with CNPJ/ME under No. 31.752.270/0001-82 (“StoneCo”), controlling shareholder of STNE, and other parties as intervening and consenting parties, entered into a Joint Venture and Other Covenants Agreement (“Joint Venture Agreement”), which involves the combination of the Company’s and STNE’s businesses (“Transaction”).
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