INSIDERFilingvia Quantisnow
Net 1 UEPS Technologies Inc. logo

Net 1 UEPS Technologies (UEPS) 10% owner Value Capital Partners (Pty) bought 203,005 shares for $672K at an average $3.31

ByQuantisnow··Wall Street's wire, on your screen.
Stocks in this Quantisnow insight

Insider transactions reported

Value Capital Partners (Pty) Ltd (10% owner at Net 1 UEPS Technologies Inc., UEPS) reported that they bought 203,005 shares for $672K at an average $3.31 between Sep 28, 2022 and Sep 29, 2022. After these transactions the filing shows 13,160,250 shares held indirectly (See Footnote).

Reporting person
Value Capital Partners (Pty) Ltd
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Sep 28, 2022Open-market purchase (P)Common stock1, 2+10,638$3.12$33.2K12,967,883 indirect
Sep 29, 2022Open-market purchase (P)Common stock2, 3+192,367$3.32$639K13,160,250 indirect

Holdings before and after

  • Common stock: 12,957,245 to 13,160,250 indirect, See Footnote

Footnotes from the filing

  1. 1. The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transactions reported here range from $3.08 to $3.17. Full information regarding the number of shares of the common stock (the Shares ) of Lesaka Technologies Inc. ( Lesaka ) purchased at each separate price will be provided to the SEC, Lesaka or its shareholders upon request.
  2. 2. Value Capital Partners (Pty) Ltd ( VCP ) is investment manager to the Value Capital Partners H4 QI Hedge Fund, a South African collective investment scheme trust ( VCP QIHF ), and certain segregated accounts (together with VCP QIHF, the VCP Managed Funds ). The VCP Managed Funds have appointed VCP as investment manager, providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP may be deemed to be the beneficial owner of the Shares. Monde Nkosi and Antony C. Ball are minority shareholders and chairmen of VCP. Each VCP and Messrs. Nkosi and Ball disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that VCP or Messrs. Nkosi and Ball are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Transaction codes in this filing

Open-market purchase:
Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

FAQ

What did Value Capital Partners (Pty) report in this UEPS Form 4?

Value Capital Partners (Pty) Ltd (10% owner at Net 1 UEPS Technologies Inc., UEPS) reported that they bought 203,005 shares for $672K at an average $3.31 between Sep 28, 2022 and Sep 29, 2022. After these transactions the filing shows 13,160,250 shares held indirectly (See Footnote).

How many UEPS shares does Value Capital Partners (Pty) hold after this filing?

The filing shows 13,160,250 shares held indirectly (See Footnote) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code P mean on an SEC Form 4?

Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

Historical context for UEPS

Earlier insider filings at UEPS

Keep researching UEPS

Quantisnow market dataNASDAQ
Net 1 UEPS Technologies Inc. logo
UEPS
Net 1 UEPS Technologies Inc.
Market cap
30-day
Sector
Technology
Industry
EDP Services
Listed since
2005
Get push alerts for UEPS

Follow UEPS and get a push notification the moment its next story breaks.

Full UEPS profile on Quantisnow
Original source Picked up and delivered by Quantisnow in real time

This insight was delivered by - Wall Street's wire, on your screen. Quantisnow is a real-time market data and news platform for retail investors, aggregating SEC filings, FDA approvals, analyst ratings, insider trading, and press releases into a single customizable feed. Track UEPS (Net 1 UEPS Technologies Inc.) and more on Quantisnow.