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Brazil's Vitru Educacao Sets Price For Primary Share Offering At 13 Reais
Brazil's Vitru Educacao Sets Price For Primary Share Offering At 13 Reais
About this update from Vitru Brasil Empreendimentos, Participacoes E Comercio S.a.
Vitru Brasil Empreendimentos Participacoes e Comercio SA BMFBOVESPA:VTRU3:HAS STARTED PRIMARY SHARE OFFERING - FILINGTHE PRIMARY OFFERING PERIOD HAS STARTED FOR AROUND 13.6 MILLION COMMON SHARES AT 13.00 REAIS PER SHAREAPPROVES 123.9 MLN REAIS CAPITAL INCREASE VIA SHARE OFFEROFFER IS EXPECTED TO RAISE ABOUT 176.99 MLN REAISCOMMON SHARES TO BEGIN TRADING ON APRIL 17; 30‑DAY STABILISATION PERIOD RUNS UNTIL MAY 16EARLIER IN APRIL VITRU ANNOUNCED IT HAD REQUESTED TO REGISTER A SHARE OFFERING($1 = 4.9915 reais)