UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2020
Commission File Number: 001-38954
_____________________
LINX S.A.
(Exact Name as Specified in its Charter)
N/A
(Translation of registrant’s name into English)
Avenida Doutora Ruth Cardoso, 7,221
05425-902 São Paulo, SP
Federative Republic of Brazil
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F: ý Form 40-F: o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)): o
LINX S.A.
Publicly Held Company
Brazilian Taxpayers’ Number (CNPJ): 06.948.969/0001-75
NIRE: 35.300.316.584
MATERIAL FACT
Linx S.A. (“Linx” or “Company”) (B3: LINX3 | NYSE: LINX), in accordance with Article 157, paragraph 4 of Law No. 6.404/76 and CVM Instruction No. 358, of January 3, 2002, informs its shareholders and the market that, on this date, the Company's Board of Directors received the attached correspondence from STNE Participações S.A. (“STNE”).
In the attached correspondence, STNE informs that it has exercised the right set forth in Section 1.2.6 of the protocol of the merger of Linx’s shares into STNE (“Protocol”) to increase in BRL 268,587,925.50 the cash portion to be paid in exchange for the redemption of the New Shares STNE, which corresponds to an additional payment in cash of R$ 1.50 per Linx share, totalizing an amount in cash equivalent to R$ 33.56 per Linx share, subject to the adjustments set forth in the Protocol. The portion to be paid with Class A StoneCo Shares or StoneCo BDR, as applicable, remains unchanged. Based on the closing price of the Class A StoneCo Shares and PTAX rate of November 16, 2020, the total price per share of Linx is of R$ 38.06.
Said price increase is subject to both the occurrence of the Linx extraordinary general meeting scheduled for this date (“EGM”) and the full approval, on this date, at the EGM, of the matters related to the merger of shares of the Company by STNE, as set forth in the Association Agreement executed on August 11, 2020, as amended on September 1 and October 2, 2020.
Linx reiterates that the EGM is still scheduled to take place on this date, at 2:00pm (São Paulo time).
São Paulo, November 17, 2020.
LINX S.A.
Ramatis Rodrigues
Investors Relations Officer
Annex – STNE Correspondence
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 17, 2020
Linx S.A.
By: /s/ Ramatis Rodrigues
Name: Ramatis Rodrigues
Title: Investor Relations Officer