Docoh
Loading...

LINX Linx

Filed: 20 Nov 20, 4:37pm

 

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

Corporate Taxpayer’s ID (CNPJ/MF): 06.948.969/0001-75

Company Registry (NIRE): 35.300.316.584

 

NOTICE TO THE MARKET

 

 

Linx S.A. (“Linx” or “Company”), leading provider of retail management software in Brazil, informs that received a declaration from STNE Participações S.A., company enrolled with CNPJ/ME under No. 35.767.420/0001-82, with head office in the City of São Paulo, State of São Paulo, at Rua Gomes de Carvalho, No. 1609, 5th floor, Vila Olímpia, CEP 04547-006 (“STNE”), stating that reached an ownership interest corresponding to 4.31% of total common shares issued by the Company, totaling currently 8,172,000 (eight million, one hundred and seventy-two thousand) common shares of this class, as a result of the recent acquisition of common shares in transactions on the stock exchange. In addition to the 11,000,000 (eleven million) shares held by Stone Pagamentos S.A. (Stone Pagamentos), STNE and Stone Pagamentos, jointly hold 19,172,000 (nineteen million, one hundred and seventy-two thousand) shares of issued by the Company, which represent approximately 10.12% of its total and voting capital

 

The shareholder informed that the acquisition was made in the context of the merger of the Company's shares by STNE (“Transaction”), approved at the Company´s Extraordinary Shareholders Meeting of held on November 17, 2020, subject to the verification of suspensive conditions, including the approval of the Transaction by the Administrative Council for Economic Defense – CADE.

 

Finally, STNE clarifies that the exercise of political rights, as well as any other prerogative arising from the acquisition of shares that resulted in the joint participation of STNE and Stone Pagamentos exceeding 5% (five percent) of the total and voting capital of the Company, will depend on prior approval by CADE.

 

The full communication letter follows below.

 

São Paulo, November 20, 2020

 

Ramatis Rodrigues

Investor Relations Officer

 

 

 

 

 

 

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 20, 2020

Linx S.A.

 

By: /s/ Ramatis Rodrigues       

Name: Ramatis Rodrigues

Title: Investor Relations Officer