UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2019
Commission File Number: 001-38992
Afya Limited
(Exact name of registrant as specified in its charter)
Alameda Oscar Niemeyer, No. 119, Sala 504
Vila da Serra, Nova Lima, Minas Gerais
Brazil
+55 (31) 3515 7550
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F |
X |
Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes | No |
X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes | No |
X |
TABLE OF CONTENTS
EXHIBIT | |
99.1 | Presentation in Connection with the Acquisition of IPEC—Instituto Paraense de Educação e Cultura Ltda. by Afya Limited |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Afya Limited | |||||
By: | /s/ Virgilio Deloy Capobianco Gibbon | ||||
Name: | Virgilio Deloy Capobianco Gibbon | ||||
Title: | Chief Executive Officer |
Date: August 14, 2019
Exhibit 99.1
Afya Announces the Acquisition of IPEC Instituto Paraense de Educação e Cultura Ltda August 2019
2 Transaction Summary FORMAT Afya Limited through its wholly - owned subsidiary Afya Participações S.A . acquired 100% of the total share capital of IPEC — Instituto Paraense de Educação e Cultura Ltda. , or IPEC . CONDITIONS The aggregate purchase price was R$108 million, of which: (i) R$54 million was paid in cash as of the date hereof (the transaction closing date ) (ii) R$54 million is payable in two equal installments, adjusted by the CDI rate, and due annually at the end of the first and the second year from the transaction closing date . The transaction does not need antitrust regulatory approvals
3 ▪ Campus located in Marabá, in the State of Pará ▪ Governmental authorization to offer on - campus, post - secondary undergraduate courses in medicine with 120 seats ▪ Operation expected to start in the second semester of 2019 ▪ Expected capex of R$3 - 5 million to initiate operations IPEC | Overview
4 Transaction Rationale Expand the number of authorized medical school seats to 1,472 Evolving distribution network Enter into a new state
5 Thank You ! Contact : IR@AFYA.COM.BR
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