LESAKA TECHNOLOGIES INC — Director's Dealing 2020

Mar 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2020-03-24

Reporting Person: International Value Advisers, LLC (10% Owner)
Reporting Person: DE VAULX CHARLES (10% Owner)
Reporting Person: DE LARDEMELLE CHARLES (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-24	Common Stock	S	47172	$3.02	Disposed	194472	Indirect
2020-03-25	Common Stock	S	18195	$3.31	Disposed	2262904	Indirect

Footnotes

F1: Shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("the Issuer") held directly by IVA Overseas Master Fund, L.P. ("IVA Overseas"). International Value Advisers ("IVA") serves as the investment adviser to IVA Overseas and is the managing member of IVA Overseas's general partner.

F2: Shares of the Issuer held directly by IVA International Fund, a series of IVA Fiduciary Trust ("IVA International). IVA serves as investment adviser to IVA International.

F3: IVA as the managing member of IVA Overseas's general partner may be deemed to have an indirect pecuniary interest in the general partner's proportionate interest in the Shares of the Issuer.

F4: Charles de Vaulx and Chuck de Lardemelle, as co-Chief Investment Officers and managing members of IVA, may be deemed to have an indirect pecuniary interest in their proportionate interest in the Shares of the Issuer owned directly by IVA Overseas and IVA International. Each of IVA, Mr. de Vaulx and Mr. de Lardemelle disclaims Section 16 beneficial ownership of the Shares of the Issuer held directly by IVA Overseas and IVA International.