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  • Estácio: Material Fact - Termination of Third Share Buyback Program

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    Estacio Investor Relations
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    Estácio Participações S.A. announces that it has completed its Third Share Buyback Program approved in December 2014. Through the program, the company acquired 6,308,597 of its own common shares to be held in treasury and later cancelled, sold, or used for stock options. The company updates the market on the conclusion of the share repurchase program approved in late 2014 as required by Brazilian law.

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    Estácio: Material Fact -Termination of Third Share Buyback Program

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    Estácio: Material Fact -Termination of Third Share Buyback Program

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    Estácio Participações S.A. announces that it has completed its Third Share Buyback Program approved in December 2014. Through the program, the company acquired 6,308,597 of its own common shares to be held in treasury and later cancelled, sold, or used for stock options. The company updates the market on the conclusion of the share repurchase program approved in late 2014 as required by Brazilian law.

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    7 views1 page

    Estácio: Material Fact - Termination of Third Share Buyback Program

    Uploaded by

    Estacio Investor Relations
    Estácio Participações S.A. announces that it has completed its Third Share Buyback Program approved in December 2014. Through the program, the company acquired 6,308,597 of its own common shares to be held in treasury and later cancelled, sold, or used for stock options. The company updates the market on the conclusion of the share repurchase program approved in late 2014 as required by Brazilian law.

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    © All Rights Reserved
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    ESTCIO PARTICIPAES S.A.

    Publicly-held Company

    Corporate Taxpayers ID (CNPJ) 08.807.432/0001-10


    Company Registry (NIRE) 33.3.0028205-0

    MATERIAL FACT
    Estcio Participaes S.A. (Estcio or Company - Bovespa: ESTC3), informs the market and the public
    in general, pursuant to CVM Instructions 358/02 and 10/80 and Law 6,404, and amendments thereto, in
    addition to the Material Fact disclosed on December 8, 2014, about the termination, on this date, of the
    Companys Third Share Buyback Program (Program), approved in the Board of Directors meeting held
    on December 8, 2014.
    The total of six million, three hundred and eight thousand, five hundred and ninety-seven (6,308,597)
    registered, non-par, common shares were acquired through the Stock Exchange, at market price at the
    moment of each purchase. The acquired shares will be held in treasury for subsequent cancellation or
    sale, or used for the exercise of options within the Company's Stock Option Plans and/or other types of
    share-based compensation.

    Rio de Janeiro, February 3, 2015.

    Virglio Deloy Capobianco Gibbon


    Investor Relations Officer
    Estcio Participaes S.A.

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