LESAKA TECHNOLOGIES INC — Director's Dealing 2012

Aug 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2012-08-22

Reporting Person: Seabrooke Christopher Stefan (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-22	Common Stock	A	6857	—	Acquired	26066	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100000	Indirect

Footnotes

F1: Represents a grant of restricted stock, one-third of which will vest on each of August 22, 2013, 2014 and 2015.

F2: A trust, settled by a relative of the reporting person and of which the reporting person is a discretionary beneficiary, is shareholder of the company whose wholly owned subsidiary acquired the common stock. The trust beneficially owns 33% of the company that holds the common stock and has the right to vote 67% of the issued shares of the company. The reporting person is one of four trustees of the trust, and all matters voted on require a simple majority. The reporting person is the chief executive of the company that holds the common stock. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.