LESAKA TECHNOLOGIES INC — Director's Dealing 2009

Sep 10, 2009

144 1 form144.htm Filed by sedaredgar.com - Net1 UEPS Technologies, Inc. - Form 144

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
OMB
Number: 3235-0101 Expires: March 31, 2011 Estimated average burden hours per response.....2.00
SEC
USE ONLY
DOCUMENT SEQUENCE
NO.
CUSIP NUMBER
WORK LOCATION

ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker

1 (a) NAME OF ISSUER (Please type or print)	(b) IRS IDENT. NO	(c) S.E.C. FILE NO.
Net
1 UEPS Technologies, Inc. (UEPS)	98-0171860	000-31203

1 (d) ADDRESS OF ISSUER	(e) TELEPHONE NO.
President
Place, 4th Floor, Cnr. Jan Smuts Avenue and Bolton Road, Rosebank, Johannesburg,
South Africa	AREA
CODE	NUMBER
	2711	343-2000

| 2 (a) NAME

OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD	(b) RELATIONSHIP TO ISSUER	(c) ADDRESS STREET
Brenda
Stewart	Officer	President
Place, 4th Floor, Cnr. Jan Smuts Avenue and Bolton Road

INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

3 (a)	(b)	SEC USE ONLY	(c)	(d)	(e)	(f)	(g)
Title of the Class of Securities To Be Sold	Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities	Broker-Dealer File Number	Number of Shares or Other Units To Be Sold (See instr. 3(c))	Aggregate Market Value (See instr. 3(d))	Number of Shares or Other Units Outstanding (See instr. 3(e))	Approximate Date of Sale (See instr. 3(f)) (MO. DAY YR.)	Name of Each Securities Exchange (See instr. 3(g))
Common Stock	Morgan Stanley & Co. Incorporated 1585 Broadway New York, NY 10036		111,669	2,316,015	45,284,961	9/10/09	Nasdaq

INSTRUCTIONS:

1.	(a)	Name of issuer	(a)	Title of the class of securities to be sold
	(b)	Issuer’s I.R.S. Identification Number	(b)	Name and address of each broker through whom the securities
are intended to be sold
	(c)	Issuer’s S.E.C. file number, if any	(c)	Number of shares or other units to be sold (if debt securities,
give the aggregate face amount)
	(d)	Issuer’s address, including zip code	(d)	Aggregate market value of the securities to be sold as of
a specified date within 10 days prior to the filing of this notice
	(e)	Issuer’s telephone number, including area code	(e)	Number of shares or other units of the class outstanding,
or if debt securities the face amount thereof outstanding, as shown by the
most recent report or statement published by the issuer
			(f)	Approximate date on which the securities are to be sold
2.	(a)	Name of person for whose account the securities are to be
sold	(g)	Name of each securities exchange, if any, on which the securities
are intended to be sold
	(b)	Such person’s relationship to the issuer (e.g., officer,
director, 10% stockholder, or member of immediate family of any of the foregoing)
	(c)	Such person’s address, including zip code

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

TABLE I - SECURITIES TO BE SOLD Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

| Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired (If gift, also give date donor acquired) | Amount of Securities Acquired | Date of Payment | Nature of Payment | | --- | --- | --- | --- | --- | --- | --- | | Common stock | Various dates | Exercise of stock options and grants of restricted stock | Net 1 UEPS Technologies, Inc. | 111,669 | Various | Cash for options, restricted stock not applicable |

INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds

REMARKS:

INSTRUCTIONS: See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

| 9/10/09 | /s/ Herman Kotze – attorney in fact for Brenda Stewart | | --- | --- | | DATE OF NOTICE | (SIGNATURE) | | DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, | The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures. | | IF RELYING ON RULE 10B5-1 | |

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)