Afya Limited Announces Results of Annual General Meeting Held on July 23, 2021

Rhea-AI Summary

Afya Limited (Nasdaq: AFYA) successfully held its Annual General Meeting on July 23, 2021, where shareholders approved key resolutions. These included the ratification of financial statements for the fiscal year ending December 31, 2020, and the approval of an Amended and Restated Memorandum and Articles of Association. These changes are in accordance with a share purchase agreement established on June 7, 2021, with Crescera Educacional II and Erste WV Gtersloh Gmbh. Afya is a prominent medical education group in Brazil, focusing on enhancing medical students' and physicians' experiences.

Positive

• Approval of financial statements for the fiscal year ended December 31, 2020.
• Ratification of the Amended and Restated Memorandum and Articles of Association.

Negative

• None.

NOVA LIMA, MINAS GERAIS, Brazil, July 23, 2021 (GLOBE NEWSWIRE) -- Afya Limited, or “Afya” (Nasdaq: AFYA) announced today that the resolutions set out in its Notice of Annual General Meeting dated June 28, 2021 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, 2020; 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 (as that term is defined in the share purchase agreement dated on or about June 7, 2021 between Crescera Educacional II Fundo de Investimento em Participações Multiestratégia and Erste WV Gtersloh Gmbh).

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.

Contact:

Investor Contact: ir@afya.com.br
IR Website: ir.afya.com.br

FAQ

What resolutions were passed at Afya's Annual General Meeting on July 23, 2021?

The resolutions included the approval of financial statements for the fiscal year ended December 31, 2020, and the approval of the Amended and Restated Memorandum and Articles of Association.

What is the significance of the Amended and Restated Memorandum and Articles of Association for Afya?

The Amended and Restated Memorandum and Articles of Association are important for aligning the company's structure and governance with its current operational and strategic needs.

What does Afya Limited do?

Afya Limited is a leading medical education group in Brazil that provides an end-to-end ecosystem for medical students and professionals to enhance their education and career.