PagSeguro Announces Closing of its US$653.3 Million Secondary Follow-on
Offering on the New York Stock Exchange
São Paulo, October 21, 2019 PagSeguro Digital Ltd., or PagSeguro Digital (NYSE: PAGS),
announced today that it closed its previously announced follow-on public offering by its selling shareholder, Universo Online S.A., or UOL, of 16,750,000 of PagSeguro Digitals Class A common
shares at a public offering price of US$39.00, representing an aggregate offering of US$653,250,000. UOL also granted the underwriters a 30-day option to purchase up to 2,512,500 additional
Class A common shares at the public offering price less the underwriting discount. Immediately following this offering, PagSeguro Digital will have a total of 328,834,268 common shares (including treasury shares and issuances under our
share-based long-term incentive plan, or the LTIP, in October 2019) issued and outstanding, of which 179,963,407 shares (including treasury shares and issuances under the LTIP in October 2019) will be Class A common shares beneficially owned by
investors other than UOL, representing a free float of 54.7%, assuming no exercise of the underwriters option to purchase additional common shares from UOL.
No other shareholder of PagSeguro Digital sold in the offering.
PagSeguro Digitals Class A common shares are listed on the New York Stock Exchange under the symbol PAGS.
None of the Class A common shares offered were sold by PagSeguro Digital and PagSeguro Digital did not receive any proceeds from the offering. This
offering did not have any dilution effect on PagSeguro Digitals current shareholders.
PagSeguro Digital is the parent company of
PagSeguro Internet S.A., a provider of financial technology solutions incorporated in Brazil.
Goldman Sachs & Co. LLC and Morgan
Stanley & Co. LLC acted as Global Coordinators and the representatives of the underwriters in this follow-on offering and Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BofA
Merrill Lynch, Credit Suisse Securities (USA) LLC and Citgroup Global Markets Inc. collectively acted as underwriters in this follow-on offering. A copy of the prospectus and the accompanying final prospectus
supplement relating to the offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing
Prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; BofA Merrill Lynch, Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, or by emailing dg.prospectus_requests@baml.com;
Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, New York, New York 10010; telephone:
1-800-221-1037; e-mail: usa.prospectus@credit-suisse.com; and Citigroup Global Markets
Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: +1 (800) 831-9146 (toll free).
This press release is announced as a matter of record only.
About PagSeguro:
PagSeguro Digital is a disruptive
provider of financial technology solutions focused primarily on consumers, individual entrepreneurs, micro-merchants, small companies and medium-sized companies in Brazil. Among its peers, PagSeguro Digital is
the only financial technology provider in Brazil whose business model covers all of the following five pillars:
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Multiple digital banking solutions
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