IST

TOTVS (B3:TOTS3) & Reason Capital Group LLC

October 23, 2019

TOTVS (B3:TOTS3) & Reason Capital Group LLC

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column css_animation="slideInUp" width="1/3" css=".vc_custom_1590672182562{margin-right: -15px !important;margin-left: -15px !important;border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;background-color: #ffffff !important;border-left-color: #e5e5e5 !important;border-left-style: solid !important;border-right-color: #e5e5e5 !important;border-right-style: solid !important;border-top-color: #e5e5e5 !important;border-top-style: solid !important;border-bottom-color: #e5e5e5 !important;border-bottom-style: solid !important;}"][vc_row_inner css=".vc_custom_1590672226889{margin-right: -15px !important;margin-left: -15px !important;padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #0011af !important;}"][vc_column_inner width="1/2"][vc_column_text]

BRAZIL

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2019

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_single_image image="12416" img_size="medium" alignment="center" css=".vc_custom_1591776528820{margin-top: 20px !important;margin-right: -15px !important;margin-bottom: 20px !important;margin-left: -15px !important;}"][vc_row_inner css=".vc_custom_1590672260919{margin-right: -15px !important;margin-left: -15px !important;background-color: #e84b2b !important;}"][vc_column_inner][vc_column_text]

SELL-SIDE

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=".vc_custom_1608223379075{margin-top: -30px !important;margin-right: -40px !important;}"][vc_column_inner][vc_single_image image="13743" img_size="150x150" alignment="right" css_animation="bounceInRight" css=".vc_custom_1608223359994{margin-top: -30px !important;margin-right: -15px !important;margin-bottom: 20px !important;margin-left: -15px !important;}"][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width="2/3"][vc_column_text]Totvs sold 100% of its shares in Bematech International Corporation.

Deal value: 1- 5 M

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