Value Capital Partners (Pty) Ltd - Dec 27, 2022 Form 4 Insider Report for LESAKA TECHNOLOGIES INC (LSAK)

Role
Director, 10%+ Owner
Signature
/s/ Samuel Sithole
Stock symbol
LSAK
Transactions as of
Dec 27, 2022
Transactions value $
$1,601,068
Form type
4
Date filed
12/29/2022, 05:22 PM
Previous filing
Nov 28, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSAK Common stock Purchase $651K +165K +1.12% $3.94 14.9M Dec 27, 2022 See Footnote F1, F2
transaction LSAK Common stock Purchase $950K +224K +1.5% $4.25 15.1M Dec 28, 2022 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 transaction reported range between $3.74 and $4.00. Full information regarding the number of shares of the common stock (the "Shares") of Lesaka Technologies Inc. ("Lesaka") purchased at each separate price will be provided to the SEC, Lesaka or its shareholders upon request.
F2 Value Capital Partners (Pty) Ltd ("VCP") is investment manager to the Value Capital Partners H4 QI Hedge Fund, a South African collective investment scheme trust ("VCP QIHF"), and certain segregated accounts (together with VCP QIHF, the "VCP Managed Funds"). The VCP Managed Funds have appointed VCP as investment manager, providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP may be deemed to be the beneficial owner of the Shares. Monde Nkosi and Antony C. Ball are minority shareholders and chairmen of VCP. Each VCP and Messrs. Nkosi and Ball disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that VCP or Messrs. Nkosi and Ball are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3 The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transaction reported range between $3.95 and $4.30. Full information regarding the number of shares of the common stock (the "Shares") of Lesaka Technologies Inc. ("Lesaka") purchased at each separate price will be provided to the SEC, Lesaka or its shareholders upon request.