Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
February 12 2024 - 4:02PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT
TO § 240.13d-1(b), (c) AND (d) AND
AMENDMENTS THERETO FILED
PURSUANT TO § 240.13d-2
(Amendment No. 5)*
STONECO LTD.
(Name of Issuer)
CLASS A COMMON SHARES
(Title of Class of Securities)
G85158106
(CUSIP Number)
December 31, 2023
(Date of Event Which Requires Filing of this
Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
* |
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall
not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
1 |
|
NAME OF REPORTING PERSON
VCK Investment Fund Limited (SAC) |
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
3 |
|
SEC USE ONLY
|
4 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Bahamas |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
|
5 |
|
SOLE VOTING POWER
NONE |
|
6 |
|
SHARED VOTING POWER
21,170,375 (1) |
|
7 |
|
SOLE DISPOSITIVE POWER
NONE |
|
8 |
|
SHARED DISPOSITIVE POWER
21,170,375 (1) |
9 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,170,375 (1) |
10 |
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
NOT APPLICABLE |
11 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8 % (2)(3) |
12 |
|
TYPE OF REPORTING PERSON
CO |
| (1) | Consists of (i) 2,055,173 Class A Common Shares and 1,286,022 Class B Common Shares held of record by
VCK Investment Fund Limited (SAC A) (“VCK A”), a segregated account of VCK Investment Fund Limited (SAC) (“VCK”
or the “Reporting Person”); VCK is a fund controlled by André Street de Aguiar (“André
Street”); (ii) 2,190,112 Class A Common Shares and 683,926 Class B Common Shares held of record by Cakubran Holdings Ltd.
(“Cakubran”), a company controlled by VCK A; and (iii) 14,955,142 Class B Common Shares held of record by HR
Holdings, LLC (“HR Holdings”), a company controlled by ACP Investments Ltd., in turn controlled by VCK A, which
is a segregated account of VCK. Each Class B Common Share is convertible into one Class A Common Share at the option of its
holder at any time. |
| (2) | Based on the quotient obtained by dividing (a) the aggregate number of Class A Common Shares
and Class B Common Shares beneficially owned by the Reporting Person as set forth in Row 9 by (b) the sum of (i) 290,187,329 Class A
Common Shares outstanding as of December 31, 2023, as reported by the Issuer to the Reporting Person, and (ii) the aggregate number
of Class B Common Shares beneficially owned by the Reporting Person. The aggregate number of Class B Common Shares beneficially owned
by the Reporting Person as set forth in clauses “(a)” and “(b)” of this footnote are treated as-converted into
Class A Common Shares only for the purpose of computing the percentage ownership of the Reporting Person. |
| (3) | Each Class A Common Share is entitled to one vote, and each Class
B Common Share is entitled to ten votes. The percentage reported does not reflect the ten for one voting power of the Class B Common Shares
because the Class B Common Shares are treated as converted into Class A Common Shares for the purpose of this report. |
1 |
|
NAME OF REPORTING PERSON
VCK Investment Fund Limited (SAC A) |
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
3 |
|
SEC USE ONLY
|
4 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Bahamas |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
|
5 |
|
SOLE VOTING POWER
NONE |
|
6 |
|
SHARED VOTING POWER
21,170,375 (1) |
|
7 |
|
SOLE DISPOSITIVE POWER
NONE |
|
8 |
|
SHARED DISPOSITIVE POWER
21,170,375 (1) |
9 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,170,375 (1) |
10 |
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
NOT APPLICABLE |
11 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8%(2)(3) |
12 |
|
TYPE OF REPORTING PERSON
CO |
| (1) | Consists of (i) 2,055,173 Class A Common Shares and 1,286,022 Class B Common Shares held of record by
VCK Investment Fund Limited (SAC A) (“VCK A” or the “Reporting Person”), a segregated
account of VCK Investment Fund Limited (SAC) (“VCK”); VCK is a fund controlled by André Street de Aguiar
(“André Street”); (ii) 2,190,112 Class A Common Shares and 683,926 Class B Common Shares held of record
by Cakubran Holdings Ltd. (“Cakubran”), a company controlled by VCK A; and (iii) 14,955,142 Class B Common Shares
held of record by HR Holdings, LLC (“HR Holdings”), a company controlled by ACP Investments Ltd., in turn controlled
by VCK A, which is a segregated account of VCK. Each Class B Common Share is convertible into one Class A Common Share at the
option of its holder at any time. |
| (2) | Based on the quotient obtained by dividing (a) the aggregate number of Class A Common Shares
and Class B Common Shares beneficially owned by the Reporting Person as set forth in Row 9 by (b) the sum of (i) 290,187,329 Class A
Common Shares outstanding as of December 31, 2023, as reported by the Issuer to the Reporting Person, and (ii) the aggregate number
of Class B Common Shares beneficially owned by the Reporting Person. The aggregate number of Class B Common Shares beneficially owned
by the Reporting Person as set forth in clauses “(a)” and “(b)” of this footnote are treated as-converted into
Class A Common Shares only for the purpose of computing the percentage ownership of the Reporting Person. |
| (3) | Each Class A Common Share is entitled to one vote, and each Class
B Common Share is entitled to ten votes. The percentage reported does not reflect the ten for one voting power of the Class B Common Shares
because the Class B Common Shares are treated as converted into Class A Common Shares for the purpose of this report. |
1 |
|
NAME OF REPORTING PERSON
Andre Street de Aguiar |
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
3 |
|
SEC USE ONLY
|
4 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Brazilian citizen |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
|
5 |
|
SOLE VOTING POWER
93,948 |
|
6 |
|
SHARED VOTING POWER
21,170,375 (1) |
|
7 |
|
SOLE DISPOSITIVE POWER
93,948 |
|
8 |
|
SHARED DISPOSITIVE POWER
21,170,375 (1) |
9 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,264,323 (1) |
10 |
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
NOT APPLICABLE |
11 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.9%(2)(3) |
12 |
|
TYPE OF REPORTING PERSON
IN |
| (1) | Consists of (i) 2,055,173 Class A Common Shares and 1,286,022 Class B Common Shares held of record by
VCK Investment Fund Limited (SAC A) (“VCK A”), a segregated account of VCK Investment Fund Limited (SAC) (“VCK”);
VCK is a fund controlled by André Street de Aguiar (“André Street” or the “Reporting
Person”); (ii) 2,190,112 Class A Common Shares and 683,926 Class B Common Shares held of record by Cakubran Holdings Ltd.
(“Cakubran”), a company controlled by VCK A; and (iii) 14,955,142 Class B Common Shares held of record by HR
Holdings, LLC (“HR Holdings”), a company controlled by ACP Investments Ltd., in turn controlled by VCK A, which
is a segregated account of VCK. Each Class B Common Share is convertible into one Class A Common Share at the option of its
holder at any time. |
| (2) | Based on the quotient obtained by dividing (a) the aggregate number of Class A Common Shares
and Class B Common Shares beneficially owned by the Reporting Person as set forth in Row 9 by (b) the sum of (i) 290,187,329 Class A
Common Shares outstanding as of December 31, 2023, as reported by the Issuer to the Reporting Person, and (ii) the aggregate number
of Class B Common Shares beneficially owned by the Reporting Person. The aggregate number of Class B Common Shares beneficially owned
by the Reporting Person as set forth in clauses “(a)” and “(b)” of this footnote are treated as-converted into
Class A Common Shares only for the purpose of computing the percentage ownership of the Reporting Person. |
| (3) | Each Class A Common Share is entitled to one vote, and each Class
B Common Share is entitled to ten votes. The percentage reported does not reflect the ten for one voting power of the Class B Common Shares
because the Class B Common Shares are treated as converted into Class A Common Shares for the purpose of this report. |
Item 1.
(a) Name of Issuer
StoneCo Ltd.
(b) Address of Issuer’s Principal Executive
Offices
4th Floor, Harbour Place
103 South Church Street, P.O. Box 10240
Grand Cayman, KY1-1002, Cayman Islands
Item 2(a). Name of Person Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
VCK Investment Fund Limited (SAC)
2nd floor, Bahamas Financial Centre
Shirley & Charlotte Streets
Nassau, Bahamas |
|
VCK Investment Fund Limited (SAC A)
2nd floor, Bahamas Financial Centre
Shirley & Charlotte Streets
Nassau, Bahamas |
|
|
|
André Street de Aguiar
c/o StoneCo Ltd.
4th Floor, Harbour Place
103 South Church Street, P.O. Box 10240
Grand Cayman, KY1-1002, Cayman Islands
Brazilian Citizen |
|
|
(d) Title of Class of Securities
Class A Common Shares
(e) CUSIP Number
G85158106
Item 3. If this statement is filed pursuant to § 240.13d-1(b),
or § 240.13d-2(b) or (c), check whether the person filing is a:
This statement is not filed pursuant to §§240.13d-1(b) or
240.13d-2(b) or (c).
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially Owned
See row 9 of the Cover Pages for each of the Reporting Persons.
(b) Percent of Class
See row 11 of the Cover Pages for each of the Reporting Persons.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
See row 5 of the Cover Pages for each of the Reporting Persons.
(ii) shared power to vote or to direct the vote
See row 6 of the Cover Pages for each of the Reporting Persons.
(iii) sole power to dispose or to direct the disposition
of
See row 7 of the Cover Pages for each of the Reporting Persons.
(iv) shared power to dispose or to direct the disposition
of
See row 8 of the Cover Pages for each of the Reporting Persons.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following
☐.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
Not Applicable.
Item 8. Identification and Classification of Members of the
Group.
See Exhibit A.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and correct.
Dated: February 12, 2024
VCK Investment Fund Limited (SAC) |
|
VCK Investment Fund Limited (SAC) |
/s/ Sheldon Cartwright |
|
/s/ Wendy Warren |
By: Sheldon Cartwright |
|
By: Wendy Warren |
Title: Director of Bluebay Directors Ltd. |
|
Title: Director of Blue Medallion Investments Ltd. |
VCK Investment Fund Limited (SAC A) |
|
VCK Investment Fund Limited (SAC A) |
/s/ Sheldon Cartwrigh |
|
/s/ Wendy Warren |
By: Sheldon Cartwright |
|
By: Wendy Warren |
Title: Director of Bluebay Directors Ltd. |
|
Title: Director of Blue Medallion Investments Ltd. |
/s/ André Street de Aguiar |
|
|
By: André Street de Aguiar |
|
|
SCHEDULE 13G
EXHIBIT A
MEMBERS OF FILING GROUP
VCK Investment Fund Limited (SAC)
VCK Investment Fund Limited (SAC A)
André Street de Aguiar (an individual who controls VCK Investment
Fund Limited (SAC A), a segregated account of VCK Investment Fund Limited (SAC))
SCHEDULE 13G
EXHIBIT B
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
The undersigned persons hereby agree that reports on Schedule 13G,
and amendments thereto, with respect to the Class A Common Shares of StoneCo Ltd. may be filed in a single statement on behalf of
each of such persons.
Dated: February 12, 2024
VCK Investment Fund Limited (SAC) |
|
VCK Investment Fund Limited (SAC) |
/s/ Sheldon Cartwright |
|
/s/ Wendy Warren |
By: Sheldon Cartwright |
|
By: Wendy Warren |
Title: Director of Bluebay Directors Ltd. |
|
Title: Director of Blue Medallion Investments Ltd. |
VCK Investment Fund Limited (SAC A) |
|
VCK Investment Fund Limited (SAC A) |
/s/ Sheldon Cartwright |
|
/s/ Wendy Warren |
By: Sheldon Cartwright |
|
By: Wendy Warren |
Title: Director of Blue Medallion Investments Ltd. |
|
Title: Director of Bluebay Directors Ltd. |
/s/ André Street de Aguiar |
|
|
By: André Street de Aguiar |
|
|
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