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Linx SA (LINX3.SA)

LINX3.SA on Sao Paolo Stock Exchange

16.24BRL
23 Mar 2017
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R$ 20.22
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Latest Key Developments (Source: Significant Developments)

Linx sets issue price of BRL 18.5 per share in restricted offering
Wednesday, 28 Sep 2016 10:36am EDT 

Linx SA : Said on Tuesday its board of directors approved to set an issue price of 18.50 Brazilian reais ($5.70) per share for the restricted offering of 24.0 million common shares . The offering amounts to 444.0 million reais; 4.94 reais per share (118.6 million reais in total) to be allocated to the share capital and 13.56 reais per share (325.4 million reais in total) to be allocated to the capital reserve . Coordinators are BTG Pactual, Morgan Stanley, Itau BBA and Credit Suisse .Intends to use the funds for new acquisitions, which will enable implementation of its growth strategy.  Full Article

Linx announces H1 dividend payment
Tuesday, 9 Aug 2016 10:43am EDT 

Linx SA : Said on Monday that its board of directors had approved to pay interim dividends for H1 2016, totalling 16.0 million Brazilian reais ($5.1 million), corresponding to 0.1133 real per share . Record date is Aug. 12 . Payment as of Aug. 24 .Shares to be traded ex-dividends as of Aug. 15.  Full Article

Linx announces partnership agreement with Banco Itaucard
Tuesday, 9 Aug 2016 10:36am EDT 

Linx SA : Said on Monday that it had signed a partnership agreement with Banco Itaucard SA to integrate its dealership management software with financing systems of the bank .It will also develop an offer of a management system for multibrand vehicle dealerships, which will be distributed by the bank.  Full Article

Linx SA updates on dividend payment
Thursday, 28 Apr 2016 07:29am EDT 

Linx SA:Says it has approved to pay out the remaining part of FY 2015 dividends, totaling 8.0 million Brazilian reais, corresponding to 0.17 real per common share.Payment as of May 11.Record date is April 27.Ex-dividend as of April 28.  Full Article

Mawer Investment Management Ltd reaches 5.18 pct in Linx SA
Thursday, 3 Mar 2016 01:00pm EST 

Linx SA:Says Mawer Investment Management Ltd has increased its stake in the company to 5.18 percent and now holds 2.4 million common shares.  Full Article

Wellington Management Group LLC has reduced its stake in Linx SA
Thursday, 1 Oct 2015 09:07am EDT 

Linx SA:Wellington Management Group LLC has reduced its stake in the company to 4.27 percent (1,998,200 shares).  Full Article

Wellington reaches 5.1 pct stake in Linx SA
Tuesday, 22 Sep 2015 08:27am EDT 

Linx SA:Says that Wellington Management Group Group LLC ("Wellington") has reached 5.1 percent stake in the company.Wellington holds 2.39 million ordinary shares of the company.  Full Article

Linx SA buys Chaordic Systems SA and Neemu Servicos em Tecnologia da Informacao SA for 78.6 mln Brazilian reais through unit
Friday, 4 Sep 2015 07:48am EDT 

Linx SA:Says that its unit Linx Sistemas e Consultoria Ltda has acquired Chaordic Systems SA and Neemu Servicos em Tecnologia da Informacao SA for 78.6 million Brazilian reais.Possible earn-out payment of up to 32.8 million reais, subject to achievement of certain financial and operating targets for the years 2016 - 2018.  Full Article

Linx SA announces own capital interest payment
Wednesday, 15 Jul 2015 11:07am EDT 

Linx SA:Says on July 15 it approved own capital interest payment totaling gross 15 million Brazilian reais, or 0.321 reais per share.Net value of 12.75 million reais or 0.273 reais.Record date July 16.Payment as of July 27.Ex-interest date July 17.  Full Article

More From Around the Web

BRIEF-Linx sets issue price of BRL 18.5 per share in restricted offering

* Said on Tuesday its board of directors approved to set an issue price of 18.50 Brazilian reais ($5.70) per share for the restricted offering of 24.0 million common shares