Totvs : Disclosure of Interest Filing (Petros) - Notice to the Market
March 19, 2019 at 06:15 pm EDT
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Atendimento às disposições da Instrução CVM nº 358/02 (Art. 12)
TOTVS S.A.
Publicly-Held Company
Corporate Taxpayer's ID (CNPJ/MF): 53.113.791/0001-22
Company Registry (NIRE): 35.300.153.171
NOTICE TO THE MARKET
A TOTVS S.A. (B3:TOTS3) ("TOTVS" or "Company"), in compliance with the provisions of CVM Instruction 358/2002, as amended, hereby informs its shareholders and the market in general that received today a correspondence from Fundação Petrobras de Seguridade Social group ("Petros") informing that has reduced its shareholding participation to 8,021,179 shares, which represents 4.84% of the Company's capital.
Petros also informed that it does not intend to alter the Company´s control or administrative structure and hasn´t entered into any agreement or contract to regulate the voting rights or the purchase and sale of securities issued by TOTVS.
The following correspondence is the document received and filed at the Company´s headquarters.
Atendimento às disposições da Instrução CVM nº 358/02 (Art. 12)
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TOTVS SA published this content on 19 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 March 2019 22:14:04 UTC
Totvs SA is a Brazil-based company engaged in the information technology (IT) sector. The Company focuses on developing integrated management software solutions, collaboration and productivity platforms, as well as on consulting services. The Company mainly provides enterprise resource planning (ERP) applications, which electronically integrate the strategic and operational levels of a user company. It offers ERP software in various areas, such as administration, education, finance, industrial, human resources, customer service and logistics. The Company operates in Brazil, Argentina, Colombia, Mexico, Portugal and the United States, among others. It controls a number of subsidiaries, including Solucoes em Software e Servicos TTS Ltda, Datasul Argentina SA and Neolog Consultoria e Sistemas SA.