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NET 1 UEPS TECHNOLOGIES INC - Notification of directors dealings in Net1 securities

Release Date: 27/02/2018 07:05
Code(s): NT1     PDF:  
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Notification of directors’ 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 directors’ dealings in Net1 securities

Shareholders are advised that the following dealings in the securities of Net1 have taken
place by a director ("reporting person") of the Company:

 Director:                                        Christopher Stefan Seabrooke
 Name of company:                                 Net1
 Class of security:                               Common stock
 Nature of interest:                              Indirect, beneficial (1)
 Nature of transaction:                           On market purchase of securities
 Number of securities:                            10,500
 Date of transaction:                             February 22, 2018
 Price per security:                              USD 10.73 (2)
 Total transaction value:                         USD 112,665 (2)

(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 holds the
common stock and has the right to vote 68% 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 holds the common
stock. The reporting person disclaims beneficial ownership of these shares except to the
extent of his pecuniary interest therein.

(2) The underlying transactions were denominated in South African rand ("ZAR") and were
executed through the trading system of the JSE Limited. The amount reported in United
States dollars is based on the exchange rate in effect on the date of the transactions. The
purchase price for the transactions reported here was ZAR125.00 per security.

Clearance to deal in respect of the above transactions was given.

February 27, 2018
Johannesburg

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 27/02/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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