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Afya Limited Announces Results of Annual General Meeting Held on April 29, 2022

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Afya Limited (AFYA) held its Annual General Meeting on April 12, 2022, where key resolutions were approved. This included the ratification of financial statements for the fiscal year ending December 31, 2021, and the approval of the Amended and Restated Memorandum and Articles of Association. These changes are subject to closing a transaction disclosed on March 4, 2022, between the Esteves Family and Bertelsmann SE & Co. KGaA. Further details are available on their website.

Positive
  • Approval of financial statements for the fiscal year 2021.
  • Amendments to the Memorandum and Articles of Association may enhance operational efficiency.
Negative
  • None.

NOVA LIMA, Brazil--(BUSINESS WIRE)-- Afya Limited, or “Afya” (Nasdaq: AFYA) announced today that the resolutions set out in its Notice of Annual General Meeting dated April 12, 2022 were duly passed at its Annual General Meeting held today: (1) the approval and ratification of Afya’s financial statements as of and for the fiscal year ended December 31, 2021; and (2) the approval of the Amended and Restated Memorandum and Articles of Association available at Afya’s website at https://ir.afya.com.br, subject to and with effect from Closing of the transaction disclosed in the Form 13D/A on March 4, 2022, between Esteves Family and Bertelsmann SE & Co. KGaA, accessible at the Company’s website at https://ir.afya.com.br.

About Afya Limited

Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering digital products to help doctors enhance their healthcare services through their whole career.

Investor Relations Contact:

Afya Limited

ir@afya.com.br

Media Contact:

Cíntia Moraes Marin

cintia.marin@afya.com.br

Source: Afya Limited

FAQ

What resolutions did Afya Limited pass in the April 12, 2022 meeting?

Afya Limited approved its financial statements for the fiscal year ended December 31, 2021, and the Amended and Restated Memorandum and Articles of Association.

What is the significance of the March 4, 2022 transaction for Afya Limited?

The March 4, 2022 transaction between the Esteves Family and Bertelsmann SE & Co. KGaA is crucial as it is linked to the changes approved in the company’s Memorandum and Articles.

Where can I find more information about Afya Limited's AGM results?

More information regarding the AGM results can be found on Afya Limited's investor relations website.

When was the Annual General Meeting held for Afya Limited?

The Annual General Meeting for Afya Limited was held on April 12, 2022.

Afya Limited

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1.38B
13.68M
84.14%
23.06%
1.09%
Education & Training Services
Consumer Defensive
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United States of America
Nova Lima