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Net 1 UEPS Technologies Inc (UEPS.OQ)

UEPS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Net 1 UEPS Technologies Sees Significant Impact On Q4 2020 Results Due To Lockdown In South Africa
Wednesday, 1 Apr 2020 

April 1 (Reuters) - Net 1 UEPS Technologies Inc ::JSE: NT1 - NET1 COMPLETES SALE OF REMAINING STAKE IN DNI FOR ZAR 860 MILLION AND PROVIDES COVID-19 UPDATE.NET 1 UEPS TECHNOLOGIES INC - EXPECT LOCKDOWN IN SOUTH AFRICA TO HAVE A MORE SIGNIFICANT IMPACT ON OUR Q4 2020 RESULTS.NET 1 UEPS TECHNOLOGIES INC - BELIEVE THERE IS LIMITED IMPACT ON OUR Q3 2020 OPERATIONS.NET 1 UEPS TECHNOLOGIES INC - COMPLETES SALE OF REMAINING STAKE IN DN INVEST PROPRIETARY FOR ZAR 860 MILLION.  Full Article

Net 1 To Sell Ksnet For $237 Million
Monday, 27 Jan 2020 

Jan 27 (Reuters) - Net 1 UEPS Technologies Inc ::PRESS RELEASE - NET1 TO SELL KSNET FOR $237 MILLION.NET 1 UEPS TECHNOLOGIES INC - AGREED TO SELL 100% OF KSNET, INC TO STONEBRIDGE CAPITAL AND PAYLETTER FOR APPROXIMATELY $237 MILLION.NET 1 UEPS TECHNOLOGIES INC - TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION.  Full Article

Net1 Exercises Option To Acquire Further 35% Of Bank Frick For $46.4 Mln
Tuesday, 8 Oct 2019 

Oct 8 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 EXERCISES OPTION TO ACQUIRE FURTHER 35% OF BANK FRICK.NET 1 UEPS TECHNOLOGIES INC - DEAL FOR USD 46.4 MILLION.NET 1 UEPS TECHNOLOGIES INC - EXPECT TRANSACTION TO BE ACCRETIVE TO FISCAL 2021 FUNDAMENTAL EARNINGS.NET 1 UEPS TECHNOLOGIES - FOLLOWING COMPLETION, CO WILL OWN 70% OF BANK FRICK WITH KUNO FRICK FAMILY FOUNDATION OWNING REMAINING 30% INTEREST.  Full Article

Net1 UEPS Technologies Receives Nasdaq Notice Regarding Late Form 10-K Filing
Thursday, 3 Oct 2019 

Oct 3 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 UEPS TECHNOLOGIES, INC. RECEIVES NASDAQ NOTICE REGARDING LATE FORM 10-K FILING.NET 1 UEPS TECHNOLOGIES - NASDAQ INFORMED CO IT MUST SUBMIT A PLAN OF COMPLIANCE WITHIN 60 CALENDAR DAYS, OR DECEMBER 2, 2019.NET 1 UEPS TECHNOLOGIES INC - CO INTENDS TO FILE ITS FORM 10-K AS SOON AS PRACTICABLE AND, IN ANY EVENT, WITHIN 60-DAY PERIOD.  Full Article

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.  Full Article

Net 1 Ueps Technologies Entered Into A Third Amendment & Restatement Agreement
Saturday, 14 Sep 2019 

Sept 13 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES INC - ENTERED INTO A THIRD AMENDMENT & RESTATEMENT AGREEMENT.NET 1 UEPS TECHNOLOGIES INC - PURSUANT TO SENIOR FACILITY F AGREEMENT, NET1 SA MAY BORROW UP TO AN AGGREGATE OF ZAR 300 MILLION.NET 1 UEPS - UNIT, RMB ENTERED INTO AN AMENDMENT & RESTATEMENT AGREEMENT WITH RMB TO REDUCE ITS SENIOR FACILITY E FROM ZAR 1.5 BILLION TO ZAR 1.2 BILLION.  Full Article

Net 1 Ueps Technologies Reports Q2 Loss Per Share Of $0.88
Friday, 8 Feb 2019 

Feb 7 (Reuters) - Net 1 UEPS Technologies Inc ::REPORTS SECOND QUARTER 2019 RESULTS.Q2 REVENUE $97.2 MILLION.Q2 LOSS PER SHARE $0.88.Q2 EARNINGS PER SHARE VIEW $-0.03 -- REFINITIV IBES DATA.Q2 REVENUE VIEW $116.6 MILLION -- REFINITIV IBES DATA.  Full Article

Net1 Granted Interim Court Order Regarding The Use Of Easypay Everywhere Bank Accounts
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 GRANTED INTERIM COURT ORDER REGARDING THE USE OF EASYPAY EVERYWHERE BANK ACCOUNTS.NET 1 UEPS TECHNOLOGIES - HIGH COURT OF REPUBLIC OF SOUTH AFRICA HANDED INTERIM COURT STATING ORDER REGARDING USE OF EASYPAY EVERYWHERE BANK ACCOUNTS.NET 1 UEPS TECHNOLOGIES - SASSA HAS BEEN ORDERED TO PROCESS ANY ANNEXURE C FORMS WITHIN 2 WEEKS OF DATE OF SUBMISSION OF SUCH FORM BY GRANT RECIPIENT.  Full Article

Net 1 UEPS Technologies Says Co Entered Into A Second Amendment & Restatement Agreement With Firstrand Bank Limited & Others
Wednesday, 3 Oct 2018 

Oct 2 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES - ON SEPT 26, CO ENTERED INTO A SECOND AMENDMENT & RESTATEMENT AGREEMENT WITH FIRSTRAND BANK LIMITED & OTHERS - SEC FILING.NET 1 UEPS TECHNOLOGIES - PURSUANT TO AMENDMENT, NET1 SA MAY BORROW UP TO ZAR 1.5 BILLION TO FUND NET1 SA'S ATMS.  Full Article

Net 1 UEPS Technologies Qtrly Fundamental EPS Of $0.22
Thursday, 30 Aug 2018 

Aug 29 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES, INC. REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $149.2 MILLION.QTRLY FUNDAMENTAL EPS OF $0.22.QTRLY FUNDAMENTAL EPS $0.29 EXCLUDING FAIR VALUE ADJUSTMENTS.SEES FISCAL 2019 DNI REVENUE AND EARNINGS GROWTH OF 10%.  Full Article

BRIEF-Net 1 UEPS Technologies Sees Significant Impact On Q4 2020 Results Due To Lockdown In South Africa

* JSE: NT1 - NET1 COMPLETES SALE OF REMAINING STAKE IN DNI FOR ZAR 860 MILLION AND PROVIDES COVID-19 UPDATE