Net 1 UEPS Technologies (UEPS) 10% owner Value Capital Partners (Pty) bought 203,005 shares for $672K at an average $3.31
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
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 28, 2022 | Open-market purchase (P) | Common stock1, 2 | +10,638 | $3.12 | $33.2K | 12,967,883 indirect |
| Sep 29, 2022 | Open-market purchase (P) | Common stock2, 3 | +192,367 | $3.32 | $639K | 13,160,250 indirect |
Holdings before and after
- Common stock: 12,957,245 to 13,160,250 indirect, See Footnote
Footnotes from the filing
- 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. 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
- Apr 1, 2022SEC Form 4: Value Capital Partners (Pty) Ltd bought $116,645 worth of shares (24,667 units at $4.73) (Amendment)
- Apr 1, 2022SEC Form 4: Value Capital Partners (Pty) Ltd bought $1,050 worth of shares (200 units at $5.25) (Amendment)
- Apr 1, 2022SEC Form 4: Value Capital Partners (Pty) Ltd bought $1,290,844 worth of shares (258,830 units at $4.99) (Amendment)
- Apr 1, 2022SEC Form 4: Value Capital Partners (Pty) Ltd bought $179,800 worth of shares (41,717 units at $4.31) (Amendment)
- Apr 1, 2022SEC Form 4: Value Capital Partners (Pty) Ltd bought $662,065 worth of shares (148,888 units at $4.45) (Amendment)
Keep researching UEPS
- UEPS insider tradesEvery buy and sale reported by Net 1 UEPS Technologies Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 2005
Follow UEPS and get a push notification the moment its next story breaks.