LESAKA TECHNOLOGIES INC — Director's Dealing 2020

Sep 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2020-09-28

Reporting Person: Ball Antony C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-28	Common stock	P	44595	$3.2	Acquired	9597595	Indirect
2020-09-29	Common stock	P	186437	$3.39	Acquired	9784032	Indirect

Footnotes

F1: The purchase by Value Capital Partners (Pty) Ltd ("VCP") of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("Net 1") reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 44,595 Shares, with VCP's sale of 44,595 Shares at a price of $3.5 per Share on April 23, 2020. VCP has agreed to pay to Net 1, upon settlement of the sale, $13,556.88, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

F2: Purchase prices for the transactions reported here range from $3.16 to $3.20. Full information regarding the number of Shares purchased at each separate price will be provided to the SEC, Net 1 or its shareholders upon request.

F3: VCP, of which the reporting person is a minority shareholder and its chairman, has been appointed as investment manager to a South African collective investment scheme trust and certain segregated accounts (the "VCP Managed Funds"), providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP and accordingly the reporting person may be deemed to be the beneficial owner of such Shares . The reporting person disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein.

F4: The purchase by VCP of the Shares reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 95,424 Shares, with VCP's sale of 95,424 Shares at a price of $3.5 per Share on April 23, 2020. VCP has agreed to pay to Net 1, upon settlement of the sale, $12,436.48, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

F5: Purchase prices for the transactions reported here range from $3.35 to $3.41. Full information regarding the number of Shares purchased at each separate price will be provided to the SEC, Net 1 or its shareholders upon request.