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NET 1 UEPS TECHNOLOGIES INC - Notification of director's dealings in Net 1 securities

Release Date: 23/06/2014 08:00
Code(s): NT1     PDF:  
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Notification of director's dealings in Net 1 securities

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")

Notification of director`s dealings in Net1 securities

In compliance with rule 3.63 to 3.65 of the JSE Limited Listings Requirements, the following
dealings in the securities of Net1 have taken place by a director (“reporting person”) of the
Company:

Director:                                         Christopher Stefan Seabrooke
Number of securities:                             22,000
Class of security:                                Common stock
Nature of interest:                               Indirect beneficial(1)
Nature of transaction:                            On market sale
Date of transaction:                              June 18, 2014
Price:                                            US$11.03
Total transaction value:                          US$ 242,660.00

(1) A trust, settled by a relative of the reporting person and of which the reporting person is a
discretionary beneficiary, is a shareholder of the company whose wholly owned subsidiary
acquired the common stock. The trust beneficially owns 33% of the company that held 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 held the common
stock. The reporting person disclaimed beneficial ownership of these shares except to the
extent of his pecuniary interest therein.

Clearance to deal was given in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

June 23, 2014
Johannesburg

Sponsor to Net1:
Deutsche Securities (SA) (Proprietary) Limited

Date: 23/06/2014 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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