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:

 

Rule 13d-1 (b)

 

Rule 13d-1 (c)

 

Rule 13d-1 (d)

 

* 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

   

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

   

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

   

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    

 

 


StoneCo (NASDAQ:STNE)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more StoneCo Charts.
StoneCo (NASDAQ:STNE)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more StoneCo Charts.