Edition:
India

Net 1 UEPS Technologies Sees Non-Cash Fair Value Write-Down Of Cell C Investment As Of June 30


Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 TO RECORD NON-CASH FAIR VALUE WRITE-DOWN OF CELL C INVESTMENT AS OF JUNE 30, 2019.BELIEVES THAT FAIR VALUE OF CELL C AT JUNE 30, 2019 IS NIL ($0).CELL C IS CURRENTLY ENGAGED IN A COMPREHENSIVE RESTRUCTURING PLAN WITH ITS STAKEHOLDERS AND NET1 REMAINS FULLY SUPPORTIVE OF THIS PROCESS.