Vitru Announces Record Date for Rights Offering

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FLORIANÓPOLIS, Brazil, Oct. 11, 2022 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru” or the “Company”) as we speak introduced that the file date for figuring out shareholders that can be issued subscription rights pursuant to its proposed rights providing can be October 21, 2022.

The ultimate phrases of any potential providing of frequent shares and rights, together with the particular phrases, stay topic to vary and can be decided on the time of such providing. The proposed rights providing can be made pursuant to Vitru’s efficient shelf registration assertion on Form F-3 filed with the Securities and Exchange Commission on October 25, 2021 and solely by the use of a prospectus complement and accompanying prospectus.

This press launch isn’t meant to and doesn’t represent a proposal to promote or the solicitation of a proposal to subscribe for or purchase or an invite to buy or subscribe for any securities in any jurisdiction, nor shall there be any sale, issuance or switch of securities in any jurisdiction in contravention of relevant legislation. No supply of securities shall be made besides by the use of a prospectus assembly the necessities of Section 10 of the Securities Act of 1933, as amended.

About Vitru

Vitru is the main pure distance studying training group within the postsecondary distance studying market in Brazil. Through its invested firms, Vitru supplies an entire pedagogical ecosystem targeted on hybrid distance studying expertise for undergraduates and persevering with training college students.

Forward Looking Statements

This press launch contains “forward-looking statements” inside the that means of the U.S. federal securities legal guidelines. Statements contained herein that aren’t clearly historic in nature are forward-looking, and the phrases “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” “project” and comparable expressions and future or conditional verbs corresponding to “will,” “would,” “should,” “could,” “might,” “can,” “may,” or comparable expressions are typically meant to establish forward-looking statements. These forward-looking statements communicate solely as of the date hereof and are primarily based on Vitru’s present plans, estimates of future occasions, expectations and traits that have an effect on or could have an effect on our business, monetary situation, outcomes of operations, money movement, liquidity, prospects and the buying and selling value of Vitru’s frequent shares, and are topic to a number of recognized and unknown uncertainties and dangers, lots of that are past Vitru’s management. As a consequence, present plans, anticipated actions and future monetary place and outcomes of operations could differ considerably from these expressed in any forward-looking statements on this press launch. You are cautioned to not unduly depend on such forward-looking statements when evaluating the knowledge offered. Vitru doesn’t undertake any obligation to replace publicly or to revise any forward-looking statements after we distribute this press launch due to new info, future occasions, or different elements.


        



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