SÃO PAULO–(BUSINESS WIRE)–Linx S.A. (“Linx” or the “Company”) today announced that it has launched
its public offering for the sale of 29,274,601 common shares, including
in the form of American depositary shares (“ADSs”) by Linx and BNDES
Participações S.A., as selling shareholder, in the United States and
other countries outside of Brazil (the “International Offering”) and a
concurrent offering in Brazil (the “Brazilian Offering”). The
International Offering and the Brazilian Offering, which are conditioned
upon each other, together comprise the “Global Offering.” The
International Offering is being conducted pursuant to a registration
statement on Form F-1 filed with the U.S. Securities and Exchange
Commission (“SEC”) and underwritten by certain international
underwriters. The Brazilian Offering is being conducted pursuant to a
Brazilian prospecto in Portuguese filed with the Brazilian
Securities and Exchange Commission and underwritten by certain Brazilian
underwriters. In connection with the International Offering, Linx and
the selling shareholder intend to grant to the international
underwriters an option to purchase up to 4,391,190 additional common
shares in the form of ADSs, minus the number of common shares sold
pursuant to the Brazilian underwriters’ option to purchase additional
shares, to cover over-allotments of ADSs, if any. In connection with the
Brazilian Offering, Linx and the selling shareholder intend to grant to
the Brazilian underwriters an option to purchase up to 4,391,190
additional common shares, minus the number of common shares in the form
of ADSs sold by us pursuant to the international underwriters’ option to
purchase additional shares, to cover over-allotments of common shares,
if any.
Linx has obtained authorization for listing the ADSs on The New York
Stock Exchange under the symbol “LINX.” The price per common share and
price per ADS will be determined based on the bookbuilding process and
the closing price of Linx’s common shares on the B3 on the pricing date
of the Global Offering.
Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Jefferies LLC, BofA
Securities, Inc. and Itau BBA USA Securities, Inc. are collectively
acting as Global Coordinators in the International Offering. Goldman
Sachs do Brasil Banco Múltiplo S.A., Banco Morgan Stanley S.A., Bank of
America Merrill Lynch Banco Múltiplo S.A. and Banco Itaú BBA S.A. are
collectively acting as Brazilian underwriters (Coordenadores da
Oferta Global and Joint Bookrunners) in the Global and Brazilian
Offerings.
The International Offering will be made only by means of a prospectus.
Copies of the preliminary prospectus related to the International
Offering may be obtained from: [Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, New York 10282,
telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com;
Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, New York 10014; Jefferies LLC, Attention:
Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor,
New York, NY 10022, or by telephone: 1-877-821-7388, or by email: Prospectus_Department@Jefferies.com;
BofA Merrill Lynch, Attention: Prospectus Department, NC1-004-03-43, 200
North College Street, 3rd floor, Charlotte NC 28255-0001, or by emailing dg.prospectus_requests@baml.com;
or Itau BBA USA Securities, Inc., 767 Fifth Avenue 50th Floor, New York,
New York 10153, Attention: Equity Sales Desk, telephone: 1-212-710-6756
or by emailing roadshowdesk@itaubba.com][1].
A registration statement on Form F-1 relating to these securities has
been filed with the SEC but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. Copies of the
registration statement can be accessed through the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Linx
Linx is a leading cloud-based technology company in Latin America and a
market leader in Brazil focused on developing and providing affordable,
easy-to-use, reliable and seamlessly integrated software solutions to
retailers in Latin America through its SaaS business model.
[1] Underwriters to confirm.
Contacts
LINX S.A.
Pedro Holmes Monteiro Moreira
Investor
Relations Officer
JeffreyGroup
Phone: +55 11 3185.0838
E-mail:
linx@jeffreygroup.com