Cogna Educação S A : Notice to the Market - Response to the Valor Econômico article
February 24, 2021 at 08:49 am
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Notice to the Market
Belo Horizonte, February 24, 2021, Cogna Educação S/A (B3: COGN3; OTCQX: COGNY) ("Cogna") with due observance to Paragraph 4 of Article 157 of Law no. 6.404/76 ("Corporate Law"), to the regulation of the Brazilian Securities Commission, Comissão de Valores Mobiliários - CVM ("CVM"), to CVM Instruction no. 358, dated as of January 3, 2002, as amended, in view of the news article published today at newspaper Valor Econômico newspaper on this date (February 24), hereby informs that it constantly assesses the acquisition of strategic assets that will add value to its business and that it will keep the market informed, in compliance with the applicable legislation, about the signing of definitive contracts and completion of any move it may perform.
For more information, please contact the Investor Relations department:
Bruno Giardino, Pedro Gomes or Guilherme Guirão
E-mail:dri@kroton.com.br
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Cogna Educação SA published this content on 24 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 13:48:08 UTC.
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.