<SEC-DOCUMENT>0001062993-19-004630.txt : 20191202
<SEC-HEADER>0001062993-19-004630.hdr.sgml : 20191202
<ACCEPTANCE-DATETIME>20191202161303
ACCESSION NUMBER:		0001062993-19-004630
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191202
ITEM INFORMATION:		Entry into a Material Definitive Agreement
FILED AS OF DATE:		20191202
DATE AS OF CHANGE:		20191202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NET 1 UEPS TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001041514
		STANDARD INDUSTRIAL CLASSIFICATION:	FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC [6099]
		IRS NUMBER:				980171860
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-31203
		FILM NUMBER:		191263375

	BUSINESS ADDRESS:	
		STREET 1:		4TH FLOOR, PRESIDENT PLACE
		STREET 2:		CNR. JAN SMUTS & BOLTON
		CITY:			ROSEBANK, JOHANNESBURG
		STATE:			T3
		ZIP:			00000
		BUSINESS PHONE:		27 11 343 2000

	MAIL ADDRESS:	
		STREET 1:		4TH FLOOR, PRESIDENT PLACE
		STREET 2:		CNR. JAN SMUTS & BOLTON
		CITY:			ROSEBANK, JOHANNESBURG
		STATE:			T3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<head>
    <title>Net 1 UEPS Technologies, Inc.: Form 8-K - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt;">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="margin-bottom: 0pt; text-align: center;"><b><font size="5">UNITED STATES</font></b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b><font size="5">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b>Washington, D.C. 20549</b></p>
    <p style="margin-top: 0pt; text-align: center;">___________________________</p>
    <p style="text-align: center;"><b><font size="5">FORM 8-K</font></b></p>
    <p style="margin-bottom: 0pt; text-align: center;"><b>CURRENT REPORT</b></p>
    <p style="margin-top: 0pt; text-align: center;"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p>
    <p style="text-align: center;">Date of Report (Date of earliest event reported):&#160; December 2, 2019 (November 27, 2019)</p>
    <p style="margin-bottom: 0pt; text-align: center;"><u><b><font size="5">NET 1 UEPS TECHNOLOGIES, INC.</font></b></u></p>
    <p style="margin-top: 0pt; text-align: center;">(Exact name of registrant as specified in its charter)</p>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="text-align: center;"><b>Florida</b></p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="text-align: center;"><b>000-31203</b></p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="text-align: center;"><b>98-0171860</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="margin-bottom: 0pt; text-align: center;">(State or other jurisdiction</p>
                <p style="margin-top: 0pt; text-align: center;">of incorporation)</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="margin-bottom: 0pt; text-align: center;">(Commission</p>
                <p style="margin-top: 0pt; text-align: center;">File Number)</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top">
                <p style="margin-bottom: 0pt; text-align: center;">(IRS Employer</p>
                <p style="margin-top: 0pt; text-align: center;">Identification No.)</p>
                <p style="text-align: center;">&#160;</p>
            </td>
        </tr>
    </table>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
            <td style="padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;" colspan="2">
                <p style="font-size: 13.3333px; margin-bottom: 0pt; text-align: center;"><b>President Place, 4</b><sup><b>th</b></sup><b>&#160;Floor, Cnr. Jan Smuts Avenue and Bolton Road</b></p>
                <p style="font-size: 13.3333px; margin-top: 0pt; text-align: center;"><b>Rosebank, Johannesburg, South Africa</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(Address of principal executive offices)</p>
            </td>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(ZIP Code)</p>
            </td>
        </tr>
    </table>
    <p style="text-align: justify;">Registrant's telephone number, including area code:&#160; +<b>27-11-343-2000</b></p>
    <p style="text-align: justify;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>
    <p style="text-align: justify;">[ ]<font style="width: 8.84pt; display: inline-block;">&#160;</font>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>
    <p style="text-align: justify;">[ ]<font style="width: 8.84pt; display: inline-block;">&#160;</font>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>
    <p style="text-align: justify;">[ ]<font style="width: 8.84pt; display: inline-block;">&#160;</font>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>
    <p style="text-align: justify;">[ ]<font style="width: 8.84pt; display: inline-block;">&#160;</font>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>
    <p style="text-align: justify;">Securities registered pursuant to Section 12(b) of the Act:</p>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom; text-align: center">
                <p style="text-align: center;">Title of each class</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom; text-align: center">
                <p style="text-align: center;">Trading Symbol(s)</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom; text-align: center">
                <p style="margin-bottom: 0pt; text-align: center;">Name of each exchange</p>
                <p style="margin-top: 0pt; text-align: center;">on which registered</p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; text-align: center">
                <p style="text-align: center;">Common stock, par value $0.001 per share</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; text-align: center">
                <p style="text-align: center;">UEPS</p>
            </td>
            <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; text-align: center">
                <p style="text-align: center;">NASDAQ Global Select Market</p>
            </td>
        </tr>
    </table>
    <p style="text-align: justify;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167; 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167; 240.12b-2 of this chapter).</p>
    <p style="text-align: right;">Emerging growth company [ ]</p>
    <p style="text-align: justify;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <p style="text-align: justify;"><b>Item 1.01 Entry into a Material Definitive Agreement.</b></p>
    <p style="text-align: justify;">On November 27, 2019, Net 1 UEPS Technologies Inc, through its wholly owned subsidiary, Net1 Applied Technologies South Africa Proprietary Limited and DNI-4PL Contracts Proprietary Limited (<b>"DNI"</b>) entered into an agreement pursuant to which the parties extended the expiration date of the call option granted to DNI in May 2019, from December 31, 2019 to March 31, 2020. All other terms and conditions remain the same.</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <p style="text-align: center;"><b>SIGNATURES</b></p>
    <p style="text-indent: 36pt; text-align: justify;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p>&#160;</p>
            </td>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p><b>NET 1 UEPS TECHNOLOGIES, INC.</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p>Date: December 2, 2019</p>
            </td>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="margin-left: 17.1pt; margin-bottom: 0pt; text-indent: -17.1pt;">By: <u>/s/ Alex M.R. Smith </u></p>
                <p style="margin-top: 0pt; margin-left: 17.1pt; margin-bottom: 0pt; text-indent: -17.1pt;">Name: Alex M.R. Smith</p>
                <p style="margin-top: 0pt; margin-left: 30.6pt; text-indent: -30.6pt;">Title:&#160; Chief Financial Officer</p>
            </td>
        </tr>
        <tr>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p>&#160;</p>
            </td>
            <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="margin-left: 17.1pt; text-indent: -17.1pt;">&#160;</p>
            </td>
        </tr>
    </table>
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