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Allan Gray reports beneficial interest of 6.2 million shares in Net1
Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
(“Net1” or “the Company”)
Allan Gray reports beneficial interest of 6.2 million shares in Net1
On April 2, 2013, Allan Gray Proprietary Limited (“Allan Gray”) reported on the US
Securities and Exchange Commission’s Electronic Data Gathering Analysis and Retrieval
system (“EDGAR”) that entities wholly-owned by Allan Gray (“Allan Gray entities”) have
acquired a beneficial interest representing 6,234,316 shares of Net1’s common stock. The
total beneficial interest held by Allan Gray entities, as of the reporting date, represents
13.67% of the 45,600,471 issued and outstanding shares, net of treasury shares, of Net1’s
common stock. Allan Gray is a South African investment management company.
About Net1 (www.net1.com)
We are a leading provider of alternative payment systems that leverage our Universal
Electronic Payment System, or UEPS, to facilitate biometrically secure real-time electronic
transaction processing to unbanked and under-banked populations of developing economies
around the world in an online or offline environment. In addition to payments, UEPS can be
used for banking, healthcare management, payroll, remittances, voting and identification.
We operate market-leading payment processors in South Africa, Republic of Korea and
Ghana. In addition, our proprietary Mobile Virtual Card technology offers secure mobile
payments and banking services in developed and emerging countries.
We have a primary listing on the Nasdaq and a secondary listing on the JSE Limited.
Investor Relations Contact:
Dhruv Chopra
Vice President of Investor Relations
Phone: +1-212-626-6675
Email: dchopra@net1.com
Johannesburg
April 4, 2013
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
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