Wrap Text
Notification of reporting person dealings in Net1 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 reporting person dealings in Net1 securities
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, the
following dealings in the securities of Net1 have taken place by an executive officer
(“reporting person”) of the Company:
Reporting person: Nitin Soma
Number of securities: 2,100
Class of security: Common stock
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of stock options
Option strike date: February 14, 2017 (1)
Date of transactions: February 14, 2017
Option strike price per security: The option strike price was $11.23 for 2,100
stock options
Total exercise price $23,583
Reporting person: Nitin Soma
Class of security: Common stock
Nature of interest: Direct, beneficial
Nature of transaction: On-market sale
Number of securities: 2,100
Date of transactions: February 14, 2017
Price per security: $13.05 (2)
Total transaction value: $27,405
(1) The options are exercisable in three equal instalments commencing August 27, 2015.
(2) Sale prices for the transactions reported range from $12.97 to $13.12.
Reporting person: Nitin Soma
Number of securities: 20,437
Class of security: Common stock
Nature of interest: Direct, beneficial
Nature of transaction: Exercise of stock options
Option strike date: February 15, 2017 (1)
Date of transactions: February 15, 2017
Option strike price per security: The option strike price was $11.23 for 15,852
stock options and $8.75 for 4,585 stock
Total exercise price $218,136.71
Reporting person: Nitin Soma
Class of security: Common stock
Nature of interest: Direct, beneficial
Nature of transaction: On-market sale
Number of securities: 20,437
Date of transactions: February 15, 2017
Price per security: $12.89 (2)
Total transaction value: $263,432.93
(1) The options are exercisable in three equal instalments commencing August 27, 2015 and
August 22, 2013.
(2) Sale prices for the transactions reported range from $12.86 to $12.92.
Clearance to deal was given in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
February 17, 2017
Johannesburg
Sponsor to Net1:
Rand Merchant Bank, a division of FirstRand Bank Limited
Date: 17/02/2017 08:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
