LESAKA TECHNOLOGIES INC — Director's Dealing 2016

Jan 25, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2016-01-20

Reporting Person: Meyer Philippus Stefanus (Managing Dir. of Transact24)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	391645	Indirect

Footnotes

F1: The shares were issued pursuant to a Sale of Shares and Claims Agreement, dated as of January 8, 2016 (the "Redfieldlane Agreement"), by and between Redfieldlane Consulting Limited and Net1 Applied Technologies Netherlands B.V., a wholly owned subsidiary of Net 1 UEPS Technologies, Inc. Under the terms of the Redfieldlane Agreement, Net1 Applied Technologies Netherlands B.V. acquired 56.12% of Transact24 Limited for $3 million in cash and 391,645 shares of common stock of Net 1 UEPS Technologies, Inc.

F2: Held by Redfieldlane Consulting Limited. Philippus Stefanus Meyer is the sole shareholder of Redfieldlane Consulting Limited.