São Paulo, March 9, 2020 – LINX S.A. (B3: LINX3; NYSE: LINX) publicly-held company headquartered in the City of São Paulo, State of São Paulo, at Avenida Doutora Ruth Cardoso, nº 7221, Cj 701, Bl A, Ed. Birmann 21, sala 1, Pinheiros, CEP 05425-902 (“Company“) , in compliance with the provisions of article 157, paragraph 4, of Law 6,404, of December 15, 1976, as amended (“Brazilian Corporate Law“), in article 2, item XV of the Comissão de Valores Mobiliários Instruction (“CVM“) No. 358, of January 3, 2002, as amended, and CVM Instruction No. 567, of September 17, 2015, as amended (“CVM Instruction 567“), informs the its shareholders and the market in general that its Board of Directors, at a meeting held on this date, approved the opening of the Company’s Share Buyback Program (“Buyback Program“).

Purpose

The purpose of the Buyback Program is to maximize the value generation for the shareholder through an efficient management of the capital structure, through the acquisition of the common shares of its own issue, to remain in treasury, bonus or later sale in the market, cancellation, without reducing the Company’s capital stock, in compliance with the provisions of paragraph 1 of article 30 of the Brazilian Corporation Law, and in the rules set forth in ICVM 567/2015, and may also serve the exercise of deferred stock programs and, eventually, stock options.

Outstanding and treasury shares

The Company currently has 179,563,395 registered common shares, with no par value issued by the Company in circulation (“Outstanding Shares“) and 9,845,565 common shares, registered book-entry shares with no par value held in treasury (“Treasury Shares“), equivalent to a total amount of 189,408,960 (one hundred and eighty-nine million, four hundred and eight thousand, nine hundred and sixty) common, registered, book-entry shares with no par value issued by the Company.

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 8,100,000 (eighty million and one hundred thousand) common, nominative and book-entry shares with no par value, issued by the Company, corresponding to up to 4.28% of the total shares issued by the Company and up to 4.51% of the Outstanding Shares.

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(55 11) 2103-1531
ri@linx.com.br