Kroton Educacional : Notice to the Market - Change of Interest on Equity
April 30, 2015 at 05:16 pm EDT
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Belo Horizonte, April 30th, 2015. Kroton Educacional S.A. ("Kroton" or the "Company") - (BM&FBovespa: KROT3; OTCQX: KROTY) - pursuant to Article 12 of CVM Instruction 358 of January 3, 2002, as emended, announces to its shareholders, investors and the general market that the Company received from GIC Private Limited ("GIC ") , a communication informing that GIC have dropped below the 5% disclosure limit and now holds 78,850, 124 ordinary shares issued by the Company, corresponding to 4.85% of its total capital.
For more information, please contact the Investor Relations department:
Carlos Lazar, Carolina Igi or Pedro Gomes
Tel.: +55 (11) 3133.7309, +55 (11) 3133.7314 or +55 (11) 3133.7311
Cogna Educacao SA, formerly Kroton Educacional SA, is a Brazil-based company active in the private education sector. The Company focuses on developing primary and secondary schools, post-secondary and undergraduate programs, as well as vocational courses. The Company's activities are divided into three business segments: In-class higher education, which offers port-secondary programs on campus; Distance learning higher education (EAD), which provides port-secondary programs via online platform, and Basic education, which includes own and managed primary schools, collection and development of teaching materials, school management advisory, as well as educational support tools, among others. The Company operates a number of brand names, such as Anhanguera, Fama, Pitagoras, Unic, Unime and Unopar. In addition, it is involved in the wholesale, retail, distribution, import and export of textbooks, course books, magazines and other publications related to education.