Antony C. Ball - Dec 17, 2021 Form 4 Insider Report for NET 1 UEPS TECHNOLOGIES INC (LSAK)

Role
Director
Signature
/s/ Antony C Ball
Stock symbol
LSAK
Transactions as of
Dec 17, 2021
Transactions value $
$1,290,844
Form type
4
Date filed
12/21/2021, 07:08 PM
Previous filing
Dec 17, 2021
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSAK Common stock Purchase $948K +193K +1.53% $4.91 12.8M Dec 17, 2021 See Footnote F1, F2
transaction LSAK Common stock Purchase $343K +65.8K +0.51% $5.21 12.9M Dec 20, 2021 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transactions reported here range from $4.45 to $5.00. Full information regarding the number of shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("Net 1") purchased at each separate price will be provided to the SEC, Net 1 or its shareholders upon request.
F2 Value Capital Partners (Pty) Ltd ("VCP"), of which the reporting person is a minority shareholder and its chairman, has been appointed as investment manager to a South African collective investment scheme trust and certain segregated accounts (the "VCP Managed Funds"), providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP and accordingly the reporting person may be deemed to be the beneficial owner of such Shares. The reporting person disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein.
F3 The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transactions reported here range from $4.90 to $5.25. Full information regarding the number of shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("Net 1") purchased at each separate price will be provided to the SEC, Net 1 or its shareholders upon request.