Frequently Asked Questions

1. Where are Anima’s shares traded?

Anima’s shares are listed for trading on the BM&FBovespa under the ticker symbol "ANIM3", and admitting for trading in the Novo Mercado segment, reflecting the highest level of corporate governance practices.

2. What are the rights associated with Anima’s common shares?

Each of Anima’s common shares gives shareholders the right to vote at any Annual or Extraordinary Shareholder Meeting.

The holders of common shares have the right to receive dividends and other payments made to shareholders by the Company, in proportion to their respective stake in the total shares issued.

In addition, in the event of the Company’s liquidation, the holders of common shares will be entitled to the apportionment of the remaining shares after the payment of all of the liabilities, in proportion to their respective stakes in the total shares issued by Anima.

The holders of Anima’s common shares are not responsible for future capital calls by the Company.

Pursuant to Law 6,404/76, the Bylaws and the resolutions adopted by the Shareholders’ Meeting, the shareholders may not be deprived of the following rights:

  • To share in the distribution of profits;
  • To share in Anima’s assets, in the event of liquidation;
  • To oversee the management of the business, as provided for by law;
  • To receive preference for the subscription of shares, convertible debentures and warrants, except under certain circumstances specified under Brazilian law; and
  • To withdraw from the Company in the cases specified in Law 6,404/76.

In keeping with the contract signed between the Company, the executive officers and BM&FBovespa with respect to listing the shares on the Novo Mercado, Anima is prohibited from having shares without voting rights or with restricted voting rights, unless the Company has been removed from the Novo Mercado.

3. How and where does Anima release its information?

All of Anima’s material facts, results announcements and other market communications are simultaneously released through the CVM/BM&FBovespa and the Company’s Investor Relations website, in addition to being sent by email to the people who register to receive such information.

The complete financial statements are published on an annual basis in the newspapers Dirio Oficial do Estado de So Paulo and Valor Econmico. Quarterly information, press releases, presentations, notices to shareholders market communications and material facts are available on Anima’s investor relations website.

Other information about the Company can also be obtained on the websites of the So Paulo Stock Exchange and the Brazilian Securities and Exchange Commission.

4. How does one invest in stocks?

Prior to seeking out a broker, we suggest that potential investors study the subject on the BM&FBovespa website. In order to help educate newcomers, the So Paulo Stock Exchange has developed Stock Market Courses. Click on the links below to find out more:

Online and Classroom Courses

How to Invest in the Stock Market

The next step is to seek out a broker. Brokers and other financial intermediaries have professionals focused on market, industry and company analysis, and through them it is possible to receive information on the appropriate time to buy and sell certain stocks in order to achieve the best results.

You can also trade shares over the Internet. To do so, you must be a customer of a BM&FBovespa Broker that can provide you with access to the home broker system, which allows for shares to be traded over the Internet. Check out the list of Brokers that offer the home broker system.

5. How can I contact the Investor Relations Area?

Anima Educao
WTC SP - Av. das Naes Unidas, 12.551 - 11 - cj 1109
Zip Code: 04578-903
So Paulo
Phone: +55 (11) 4302-2611
Fax: +55 (11) 4302-2680

Leonardo Haddad
Investor Relations Officer


Any questions not related to analysts and investors should be directed to or +55 (11) 4302-2611.

Individual shareholders can easily and quickly obtain information about their shares. All key information about your investments is available on the internet, including: shareholding position, transaction statement, payment notice, earnings report, and subscription bulletin.

Ita is our custodian bank, whose main duties are to hold securities, update transactions, pay dividends, and to serve you, shareholder of Anima Educao. To follow your shareholding position, Ita makes available the following accesses:

If you are not a Banco Ita account holder, you can check your information with total security through our broker, Ita Corretora. Just go to the website, select the tab "Non-account-holder" > "I want to register", and follow the step-by-step instructions. The process is simple and entirely online.

If you are an Ita account holder, you only need to log in to your account at The Declaration of Earnings is available in the Current Account Menu and you will find other information on your shares bookkept by Ita in the Investments Menu. Everything is simple and secure.

To clarify doubts or obtain more information, please call 3003-9285 for state capitals and metropolitan regions and 0800 720 9285 for other regions. Our customer service operates between 9:00 a.m. and 6:00 p.m. on business days.

If you prefer, you can visit one of Ita’s specialized branches:

Braslia: SCS Quadra 3 - Ed. D‘Angela, 30 - Bl. A, Sobreloja
Belo Horizonte: Av. Joo Pinheiro, 195 - Subsolo
Curitiba: R. Joo Negro, 65 - Sobreloja
Porto Alegre: R. Sete de Setembro, 1.069 - 3 andar
Rio de Janeiro: Av. Almirante Barroso, 52- 2 andar
So Paulo: R. Boa Vista, 176 - 1 Subsolo
Salvador: Av. Estados Unidos, 50 - 2 andar

6. Why does Anima use an Adjusted EBITDA?

Adjusted EBITDA consists of EBITDA plus or minus the equity of the real estate businesses, rental revenue from spun-off properties, non-operating income, net income and minority interest income.

Adjusted EBITDA is not a measure of financial performance under the accounting practices adopted in Brazil, nor should it be considered in isolation, or as an alternative to net income as a measure of operating performance, or as an alternative to operating cash flows as a measure of liquidity.

Adjusted EBITDA does not have a standardized meaning and Anima‘s definition of Adjusted EBITDA may not be comparable to that used by other companies.

7. How is the payment of dividends made?

The Company’s Bylaws establish the payment of a mandatory dividend to the Company’s shareholders that is at least 25% of the net income reported in the financial statements, adjusted in accordance with the Brazilian Corporation Law, unless the Company’s management informs the Shareholders‘ Meeting that the payment is incompatib le with the financial condition of the Company and the payment of the mandatory dividend is consequently suspended.

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