FAQ

What is Vittia's share code and where are they traded?

Vittia’s shares are listed for trading on B3 under the ticker “VITT3”. Vittia is admitted to trading on the Novo Mercado, the highest level of differentiated corporate governance practices.

What are Vittia's common shares rights?

As it is listed on the Novo Mercado, Vittia’s Capital Stock is entirely composed of registered common shares (“ON”), which guarantees all the Company’s shareholders, in an equitable manner:

  • right to vote at the Company’s General Meetings, with each common share issued by the Company corresponding to one vote;
  • right to the mandatory minimum dividend, in each fiscal year, equivalent to 25.0% of net income adjusted pursuant to article 202 of the Lei das Sociedades por Ações;
  • in case of sale, direct or indirect, for consideration of the Company’s control, either through a single operation or through successive operations, the right to sell its shares under the same conditions assured to the selling Controlling Shareholders (tag along with 100.0% of the price);
  • in the event of cancellation of the company’s open registration or cancellation of listing on B3’s Novo Mercado, the right to sell its shares in a public offering to be launched by the Controlling Shareholders, at their respective economic value determined through the preparation of an appraisal report by specialized and independent company, with proven experience and chosen by the meeting of Shareholders holding outstanding shares from a triple list presented by the Board of Directors, and the costs of preparing the said report must be fully borne by the Controlling Shareholders;
  • all other rights guaranteed to common shares issued by the Company, pursuant to the Novo Mercado Regulation, the Company’s Bylaws and the Lei das Sociedades por Ações.
What is the Company's dividend policy?

Subject to the provisions of the Lei das Sociedades por Ações and Vittia’s Bylaws, the mandatory dividend will be paid to its shareholders every fiscal year (unless the distribution of the mandatory dividend is suspended, if the Company’s Board of Directors informs the general meeting that the distribution is incompatible with Vittia’s financial condition).

The mandatory dividend is equivalent to a minimum percentage of net income for the previous fiscal year, adjusted in accordance with the Lei das Sociedades por Ações. Vittia’s Bylaws determine that this minimum percentage is 25% of the amount of net income determined in its non-consolidated financials.

The mandatory dividend may be paid in the form of dividends or as interest income on equity, whose net amount of withholding tax may be imputed as part of the mandatory dividend amount and may be considered as a deductible expense for financial purposes of corporate income tax and social contribution on net income.

How can I follow the evolution of Vittia's share prices?

We provide the Quotes and Charts section on our IR website. In this section, you can view the history of share prices, as well as compare Vittia’s shares with other indices, such as the Ibovespa.

Note: The quotes have a delay of 15 minutes.

How and where does Vittia disclose its information?

All material facts, results announcements and other notices to the market by Vittia are disclosed simultaneously at CVM/B3 and in the investor relations area of the Company’s website (ri.vittia.com.br), in addition to being subsequently forwarded by email to people who register to receive such information. To register, please click here.

The complete financial statements are fully published in the newspaper Gazeta de São Paulo. Quarterly financial statements, presentations, material facts and notices to shareholders are available in the investor relations area of Vittia’s website (ri.vittia.com.br). Other information about the Company can also be found on the websites of B3 and the Securities and Exchange Commission of Brazil.

How can I contact the Investor Relations Area?

Investors Relations

Phone: (+55 16) 3600-8688

Extension line: 8189 or 8221

ri@vittia.com.br

 

Alexandre del Nero Frizzo

CFO and IR Officer

 

Thiago Scheider

IR Manager

 

Laís Nunes

IR Analyst

What is the Novo Mercado?

The Novo Mercado is a listing segment intended for trading shares issued by companies that voluntarily undertake to adopt additional corporate governance practices in relation to what is required by law.

The main innovation of the Novo Mercado, in relation to the legislation, is the requirement that the company’s capital stock be composed only of common shares. In addition to this, the listed company participating in the Novo Mercado has the following additional obligations:

  • Extension to all shareholders of the same conditions obtained by the controllers when selling control of the company (tag along);
  • Carrying out a public offer for the acquisition of all outstanding shares, at least, at their economic value, in the event of a cancellation of the listing for trading on the Novo Mercado;
  • Board of Directors with a minimum of 5 members and a unified mandate of up to 2 years, with reelection permitted. In addition, at least 20% of the members must be independent directors;
  • Improvement in the information related to each fiscal year, adding to the Standardized Financial Statements (DFPs) – a document that is sent by listed companies to CVM and B3, made available to the public and which contains annual financial statements – among others, the statement of cash flows;
  • Disclosure of financial statements in accordance with international standards IFRS or US GAAP;
  • Holding public meetings with analysts and investors at least once a year;
  • Presentation of an annual calendar, which contains the schedule of corporate events, such as meetings, disclosure of results, etc.;
  • Disclosure of the terms of contracts entered into between the company and related parties;
  • Disclosure, on a monthly basis, of the negotiations of securities and derivatives issued by the company by the controlling shareholders;
  • Maintenance of a minimum number of shares in circulation, representing 25% (twenty-five percent) of the company’s share capital;
  • When carrying out public distributions of shares, adoption of mechanisms that favor the dispersion of capital;
  • Membership of the Market Arbitration Chamber for the resolution of corporate disputes; among others.

To access the Novo Mercado regulations, click here.

Source: B3

What is the total number of Vittia shares? How many are in circulation on the market?

Vittia’s share capital comprises a total of 143,049,107 shares and 35.3%* of the total is freely circulating in the market, above the minimum threshold of 25% in accordance with the best practices provided for in B3’s Novo Mercado Regulations.

*Base date: 11/30/2022

How to receive important information disclosed to Vittia's shareholders and to the market?

To receive information about Vittia, such as material facts, announcements to the market and notices to shareholders, register for the Mailing by clicking here.

How to invest in stocks?

Before looking for a Stockbroker, at least a minimal understanding of the subject is suggested. In this sense, B3 offers several free courses and the Securities and Exchange Commission of Brazil provides the Investor Portal, where initial investment and financial market concepts can be found.

To access B3 courses, click here.

To access the Investor Portal, click here.

The next step is to look for a Stockbroker. Brokers and other financial intermediaries have professionals dedicated to market, sector and company analysis, and with them you can find out about the right time to buy and sell certain stocks to obtain better results.

In addition, it is possible to trade stocks via the Internet. To do so, you must be a customer of a B3 Brokerage that has the Home Broker system, which allows you to trade shares via the Internet.