Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
September 26 2024 - 4:03PM
Edgar (US Regulatory)
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 September 2024
Commission File
Number: 001-39938
Vinci Partners Investments Ltd.
(Exact name of registrant as specified in its
charter)
Av. Bartolomeu Mitre, 336
Leblon – Rio de Janeiro
Brazil 22431-002
+55 (21) 2159-6240
(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:
TABLE OF CONTENTS
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.
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Vinci Partners Investments Ltd. |
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By: |
/s/ Sergio Passos Ribeiro |
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Name: |
Sergio Passos Ribeiro |
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Title: |
Chief Financial Officer |
Date: September 26, 2024
Exhibit 99.1
VINCI PARTNERS ANNOUNCES SHARE BUYBACK AND SHARE
REPURCHASE PLANS
Rio de Janeiro, September 26, 2024 -- Vinci Partners
Investments Ltd. ("Vinci Partners, the “Company," "we," "us," or "our"), the controlling
company of a leading alternative investment platform in Brazil, announced today that its board of directors approved a share buyback plan
and a share repurchase plan to buy back up to US$15.0 million of the Company's outstanding Class A common shares which shall be executed
through open market transactions or privately negotiated purchases. The plans are approved to replace the share buyback plan announced
by us on February 7, 2024, which expired on the date that the R$60.0 million buyback limit set thereunder was reached.
The new plans will not have specified expiration dates
(other than when the US$15.0 million buyback limit is reached). Vinci Partners expects to finance the purchases with existing cash balances
derived from its Distributable Earnings, which is not expected to have a material impact on capital levels.
Under the plans, buybacks may be made from time-to-time
through open market transactions or privately negotiated purchases in compliance with SEC Rule 10b-18 and Rule 10b5-1. The specific prices,
numbers of shares and timing of purchase transactions will be determined by the Company from time to time in its sole discretion. Under
the plans, repurchases will be carried out through a broker acting as an agent of the Company, from time-to-time
in open market and negotiated purchases, and in compliance with SEC Rule 10b5-1. In either case, buybacks are subject to market
conditions, available liquidity, cash flow, applicable legal requirements and other factors. The plans do not obligate the Company or
any agent to acquire any particular amount of Class A common shares, and may be suspended or discontinued at any time.
The Company had 38,431,832 Class A common shares issued
and outstanding as of September 25, 2024.
About Vinci Partners
Vinci Partners is a leading alternative
investment platform in Brazil, established in 2009. Vinci Partners' business segments include private equity, public equities, real estate,
private credit, infrastructure, special situations, and investment products and solutions, each managed by dedicated investment teams
with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial
public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.
Forward-Looking Statements
This press release contains forward-looking
statements that can be identified by the use of words such as “anticipate,” “believe,” “could,” “expect,”
“should,” “plan,” “intend,” “estimate” and “potential,” among others. By their
nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties,
assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside
of our control. Such factors may cause actual
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results, performance or developments
to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking
statements will prove to be correct. The forward-looking statements included herein speak only as at the date of this press release and
we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance.
Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations
or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in
relation to the content of this press release. Further information on these and other factors that could affect our financial results
is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time.
USA Media Contact
Kate Thompson
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449
Brazil Media Contact
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
Investor Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240
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