Net 1 UEPS Technologies (UEPS) executive Kola received 68,319 shares

Insider transactions reported

Naeem Ebrahim Kola (executive at Net 1 UEPS Technologies Inc., UEPS) reported that they received 68,319 shares on Dec 1, 2022. After these transactions the filing shows 257,713 shares held directly.

Reporting person

Kola Naeem Ebrahim

Holdings before and after

• Common Stock: 189,394 to 257,713 direct

Footnotes from the filing

1. 1. Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors pursuant to the Amended and Restated 2022 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) the price of the Company's common stock is equal to or exceeds certain stock price levels during specific measurement periods from December 1, 2022, to December 1, 2025, and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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