Net 1 Ueps Techs Inc (UEPS) 10.02 $UEPS Net1 Announces

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Jul 10, 2016 at 2:14 PM

Net 1 Ueps Techs Inc (UEPS) 10.02 $UEPS

Net1 Announces Adoption of $50 Million 10b5-1 Plan
Marketwired - Wed Jun 29, 9:35AM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - June 29, 2016) - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that it has adopted a Rule 10b5-1 plan (the "Plan"

for the purpose of repurchasing approximately $50 million of its common stock. The Plan has been established in connection with the $100 million share repurchase program that was previously announced on February 4, 2016.
UEPS: 10.02 (+0.10)

Net1 Provides Update on Court Process Regarding Declaratory Order
Marketwired - Tue Jun 28, 9:15AM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - June 28, 2016) - June 28, 2016 - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that the declaratory order being sought by the Company regarding the interpretation of the Regulations to the Social Assistance Act has been set down for argument in the Gauteng Division, Pretoria of the High Court of South Africa on October 17 and 18, 2016.
UEPS: 10.02 (+0.10)

Net1 to Present at Baird Global Consumer, Technology & Services Conference
Marketwire Canada - Mon Jun 06, 11:30AM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - June 06, 2016) - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that Dhruv Chopra, Head of Investor Relations, will present at the Baird Global Consumer, Technology & Services Conference in New York City on June 8, 2016. Net1 will provide a live webcast on the audio-only presentation beginning at 2:35pm Eastern Time and will last approximately 30 minutes. The webcast and archived audio replay of the presentation will be available on the Investor Relations section of the Company's website at www.net1.com.
UEPS: 10.02 (+0.10)

Net1 Files for Declaratory Order With South African High Court to Provide Certainty on Interpretation of Recent Regulations Adopted Under the Social Assistance Act
Marketwired - Fri Jun 03, 9:10AM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - June 03, 2016) - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that it has filed for a declaratory order with the High Court of the Republic of South Africa Gauteng Division, Pretoria, to provide certainty to the Company, as well as other industry stakeholders, on the interpretation of the Social Assistance Act of 2004 (the "Act"

and recent Regulations promulgated in terms thereof (the "Regulations"

. The Regulations limit direct deductions from social grants paid to beneficiaries. The Company interprets the meaning of the word "deductions" to be specific to the practice of collecting life insurance premiums from grants, before the grants are paid to social welfare beneficiaries' bank accounts, and is of the opinion that the legislature did not intend to curtail the right of beneficiaries to transact freely once the money is deposited into their bank accounts.
UEPS: 10.02 (+0.10)

Net1's Transact24 Obtains Payment Intermediary Services Licences in Mauritius
Marketwired - Thu May 26, 8:02AM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - May 26, 2016) - Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that its wholly-owned subsidiary, Transact24 ("T24"

, has obtained Payment Intermediary Services Licences from the Financial Services Commission Mauritius.
UEPS: 10.02 (+0.10)

New Strong Sell Stocks for May 19th
Swarup Gupta - Zacks Investment Research - Thu May 19, 7:45AM CDT
5 fresh stock additions to the Zacks Rank #5 (Strong Sell) List for Thursday
UEPS: 10.02 (+0.10), PLM: 0.78 (+0.01), MTGE: 15.62 (-0.09), WY: 30.67 (+0.53), AMAG: 25.19 (-0.18)

Net 1 UEPS Technologies, Inc. Reports Third Quarter 2016 Results
Marketwire Canada - Thu May 05, 3:07PM CDT
JOHANNESBURG, SOUTH AFRICA--(Marketwired - May 05, 2016) - Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for the third quarter of fiscal 2016.
UEPS: 10.02 (+0.10)

Net1/IFC to Close Transaction on May 11, 2016
Marketwired - Mon Apr 25, 7:01AM CDT
Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS)(JSE: NT1) today announced that all the closing conditions for the share subscription transaction with the International Finance Corporation ("IFC"

and three funds managed by IFC Asset Management Company ("AMC", and together with IFC, the "IFC Parties"

, as announced on April 11, 2016, have been met and approval of same has been received from the IFC Parties. Pursuant to the terms of the subscription agreement, the transaction is expected to close on May 11, 2016.
UEPS: 10.02 (+0.10)

Net1 to Host Conference Call to Review Third Quarter 2016 Results
Marketwired - Wed Apr 13, 8:02AM CDT
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) ("Net1"

today announced it will release third quarter 2016 results after the market close on May 5, 2016. Net1 management will host a conference call to review these results on May 6, 2016, at 8:00 a.m. Eastern Time.
UEPS: 10.02 (+0.10)

Why Net 1 UEPS Technologies Inc. Stock Skyrocketed Today
Steve Symington, The Motley Fool - Motley Fool - Mon Apr 11, 4:37PM CDT
What: Shares of Net 1 UEPS Technogies rose more than 30% Monday after the alternative payment systems company announced it has received a significant equity investment from International Finance Corporation. So what: Specifically, Net1 has...
UEPS: 10.02 (+0.10)

Why Chesapeake Energy, Barrick Gold, and Net 1 UEPS Technologies Jumped Today
Dan Caplinger, The Motley Fool - Motley Fool - Mon Apr 11, 4:25PM CDT
Image source: Chesapeake Energy. Monday seemed at first to give stock market investors everything they wanted, but by the end of the day, most major market benchmarks had given up all their gains to finish down slightly. A nice move in crude oil...
UEPS: 10.02 (+0.10), ABX: 22.32 (-0.03), CHK: 4.24 (+0.01)

Net1 Announces $107 Million Equity Investment by International Finance Corporation and IFC Asset Management Company Funds
Marketwired - Mon Apr 11, 11:00AM CDT
Net 1 UEPS Technologies, Inc. ("Net1" or the "Company"

(NASDAQ: UEPS) (JSE: NT1) today announced that it has entered into an agreement with International Finance Corporation and certain funds managed by IFC Asset Management Company (collectively, "IFC"

pursuant to which IFC has agreed to subscribe for 9.98 million shares of the Company's common stock at a subscription price of $10.79 per share, for total proceeds of $107.7 million. The subscription price represents a 20,6% premium over the closing price of the Company's shares on Nasdaq on April 8, 2016. IFC will have an 18% interest in the Company following the transaction. Net1 will use the proceeds of the IFC investment primarily for the expansion of its business and technological solution in emerging markets across the globe.
UEPS: 10.02 (+0.10)

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