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  •    NET1UEPS     Net 1 UEPS Technologies Inc.      JSE:NT1

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  • COMPANY INFORMATION 

Nature of business
Net 1 UEPS Technologies, Inc. (“Net1” and collectively with its consolidated subsidiaries, the “company”) was incorporated in the State of Florida on May 8, 1997. The company provides payment solutions and transaction processing services across a wide range of industries and in various geographies. It has developed and markets a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies. Its universal electronic payment system (“UEPS”) uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time with other card holders in even the most remote areas. The company also develops and provides secure transaction technology solutions and services, and offers transaction processing, financial and on-line real-time healthcare management solutions in the United States. The company’s technology is widely used in South Africa today, where it distributes pension and welfare payments to recipient cardholders in South Africa, provides financial services, processes debit and credit card payment transactions on behalf of retailers through its EasyPay system, processes value-added services such as bill payments and prepaid electricity for the major bill issuers and local councils in South Africa, processes third-party and associated payroll payments for employees and provides mobile telephone top-up transactions for the major South African mobile carriers. Through KSNET, the Company offers card processing, payment gateway (“PG”) and banking value-added network services (“VAN”) in South Korea.

Company email
hermank@net1ueps.co.za

Company website
http://www.net1.com

Transfer secretary
Link Market Services South Africa (Pty) Ltd.

Company secretary
Herman Gideon Kotze

Postal address
PO Box 2424, Parklands, 2121

Registered address
President Place, 4th Floor, Cnr Jan Smuts Avenue and Bolton Road, Rosebank, Johannesburg, 2196

Company tel
011 343-2000

Company fax
011 880-7080

Major shareholders
International Value Advisers, LLC, Allan Gray, Directors and Executive Officers

Date
Beneficiary
Deal Type
Value
Volume
Price
2017/09/21
Seabrooke, Christopher S
Sell (SENS)
241,159
24,533
9.83
2017/09/21
Seabrooke, Christopher S
Sell (SENS)
241,159
24,533
9.83
2017/09/20
Edwards, Paul
Sell (SENS)
50,900
5,000
10.18
2017/09/20
Edwards, Paul
Sell (SENS)
50,900
5,000
10.18
2016/09/19
Director of a Subsidiary
Sell (SENS)
1,039,284
8,299
125.23
2016/09/19
Director of a Subsidiary
Sell (SENS)
1,039,284
8,299
125.23
2016/09/16
Director of a Subsidiary
Sell (SENS)
8,816
64
137.75
2016/09/12
Belamant, Serge C P
Sell (SENS)
154,982
1,119
138.50
2016/09/06
Edwards, Paul
Sell (SENS)
41,606
4,284
9.71
2016/09/06
Seabrooke, Christopher S
Sell (SENS)
69,673
7,174
9.71
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