<SEC-DOCUMENT>0001140361-20-009648.txt : 20200424
<SEC-HEADER>0001140361-20-009648.hdr.sgml : 20200424
<ACCEPTANCE-DATETIME>20200424120017
ACCESSION NUMBER:		0001140361-20-009648
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200424
DATE AS OF CHANGE:		20200424

SUBJECT COMPANY:	

	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:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79903
		FILM NUMBER:		20813515

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Value Capital Partners (Pty) Ltd
		CENTRAL INDEX KEY:			0001810390
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			T3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		ROSEBANK LINK
		STREET 2:		173 OXFORD ROAD, 8TH FLOOR
		CITY:			GAUTENG
		STATE:			T3
		ZIP:			2196
		BUSINESS PHONE:		27100600800

	MAIL ADDRESS:	
		STREET 1:		ROSEBANK LINK
		STREET 2:		173 OXFORD ROAD, 8TH FLOOR
		CITY:			GAUTENG
		STATE:			T3
		ZIP:			2196
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>formsc13d.htm
<DESCRIPTION>SC 13D
<TEXT>
<html>
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    <div>
      <div style="padding-top: 6pt; font-size: 14pt; font-weight: bold;">
        <div style="text-align: center;">SECURITIES AND EXCHANGE COMMISSION</div>
      </div>
      <div style="font-size: 12pt;">
        <div style="text-align: center; font-weight: bold;">WASHINGTON, D.C. 20549</div>
      </div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-size: 18pt; font-weight: bold;">SCHEDULE 13D</div>
      <div>&#160;</div>
      <div style="text-align: center; font-weight: bold;">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT</div>
      <div style="text-align: center; font-weight: bold;">TO &#167; 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO &#167; 240.13d-2(a)</div>
      <div>
        <div style="text-align: center; font-weight: bold;">(Amendment No. )*
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
      </div>
      <div style="text-align: center; font-size: 24pt; font-weight: bold;">Net 1 UEPS Technologies Inc.</div>
      <div style="text-align: center; font-weight: bold;">(Name of Issuer)</div>
      <div style="font-weight: 400;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">Common Stock, par value $0.001</div>
      <div style="text-align: center; font-weight: bold;">(Title of Class of Securities)</div>
      <div style="font-weight: 400;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">64107N206</div>
      <div style="text-align: center; font-weight: bold;">(CUSIP Number)</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">Samuel Sithole</div>
      <div style="text-align: center; font-weight: bold;">Value Capital Partners (Pty) Ltd</div>
      <div style="font-weight: 400;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">Rosebank Link<br>
      </div>
      <div style="text-align: center; font-weight: bold;">173 Oxford Road, 8th Floor<br>
      </div>
      <div style="text-align: center; font-weight: bold;">Rosebank</div>
      <div style="text-align: center; font-weight: bold;">Gauteng, 2196</div>
      <div style="text-align: center; font-weight: bold;">South Africa</div>
      <div style="text-align: center; font-weight: bold;">+27 10 060 0800</div>
      <div style="text-align: center; font-weight: bold;">(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</div>
      <div style="font-weight: 400;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">April 15, 2020</div>
      <div>
        <div style="text-align: center; font-weight: bold;">(Date of Event Which Requires Filing of This Statement)</div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-indent: 17.25pt;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule
          13d-1(g), check the following box &#9744;<a name="Check1"></a>.
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
      </div>
      <div><font style="font-weight: bold;"> <br>
        </font></div>
      <div><font style="font-weight: bold;">Note.</font> Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. <font style="font-style: italic;">See</font> &#167; 240.13d-7 for other parties to
        whom copies are to be sent.</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="zb4b76f3ce13740e399a755055aee9d4d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 14.05pt; vertical-align: top; align: right; color: #000000;">*</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: #000000;">The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
                which would alter disclosures provided in a prior cover page.</div>
            </td>
          </tr>

      </table>
      <div>
        <div><br>
        </div>
        <div style="text-indent: 17.3pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of
          that section of the Act but shall be subject to all other provisions of the Act (however, <font style="font-style: italic;">see</font> the <font style="font-style: italic;">Notes.</font>)</div>
        <div style="text-indent: 17.3pt;"> <br>
        </div>
        <div style="text-indent: 17.3pt;">
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
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      <br>
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        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
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      <!--PROfilePageNumberReset%Num%2%%%-->
      <div>CUSIP No. 251893103</div>
      <div> </div>
      <div>
        <table cellspacing="0" cellpadding="2" border="0" style="border-collapse: collapse; width: 100%; font-family: 'Times New Roman'; font-size: 10pt;">

            <tr>
              <td rowspan="3" style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">1</div>
              </td>
              <td colspan="3" style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">NAMES OF REPORTING PERSONS</div>
              </td>
              <td style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-TOP: #000000 1pt solid; BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>Value Capital Partners (Pty) Ltd</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr style="HEIGHT: 13px">
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">2</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: right">(a)</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
                <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">&#160;</td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: right">(b)</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
                <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">3</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%; BACKGROUND-COLOR: #bfbfbf">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SEC USE ONLY</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%; BACKGROUND-COLOR: #bfbfbf">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%; BACKGROUND-COLOR: #bfbfbf">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr style="BACKGROUND-COLOR: #bfbfbf">
              <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr style="BACKGROUND-COLOR: #bfbfbf">
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">4</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOURCE OF FUNDS (SEE INSTRUCTIONS)</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>OO</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">5</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
                <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">&#160;</td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">6</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>South Africa</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="2" rowspan="12" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid; WIDTH: 12.71%">
                <div style="TEXT-ALIGN: center">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</div>
              </td>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">7</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE VOTING POWER</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 76.38%;">
                <div style="text-align: left;">
                  <div>7,589,950</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">8</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED VOTING POWER</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 76.38%;">
                <div style="text-align: left;">&#160;0</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">9</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE DISPOSITIVE POWER</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 76.38%;">
                <div style="text-align: left;">
                  <div>7,589,950</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">10</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 76.38%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED DISPOSITIVE POWER</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 76.38%;">
                <div style="text-align: left;">&#160;0</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">11</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>7,589,950</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">12</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; PADDING-RIGHT: 2px; WIDTH: 5.01%">
                <div style="FONT-FAMILY: ''Times New Roman''; TEXT-ALIGN: left">&#9744;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">&#160;</td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">13</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>13.4%</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
                <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">14</div>
              </td>
              <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 86.4%">
                <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td colspan="3" rowspan="2" style="vertical-align: middle; border-bottom: 1pt solid rgb(0, 0, 0); border-left: 1pt solid rgb(0, 0, 0); width: 86.4%;">
                <div style="text-align: left;">
                  <div>CO</div>
                </div>
              </td>
              <td style="VERTICAL-ALIGN: middle; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.59%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
              <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 5.01%">
                <div style="TEXT-ALIGN: left">&#160;</div>
              </td>
            </tr>

        </table>
      </div>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="z85f28efd084f4be7aba098e0d6a6c170" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 1.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Security and Issuer</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">This statement relates to the common stock, par value $0.001 per share (the &#8220;Shares&#8221;), of Net 1 UEPS Technologies, Inc., a Florida corporation (the &#8220;Issuer&#8221;), with principal executive offices at President Place, 4th
        Floor, Cnr. Jan Smuts Avenue &amp; Bolton Road, Rosebank, Johannesburg, South Africa.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="za6992335bd7e4e009e3bee17580b2971" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 2.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Identity and Background</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div>(a)-(c): This Schedule 13D is being filed by Value Capital Partners (Pty) Ltd (&#8220;VCP&#8221;). The principal business address of VCP is 173 Oxford Rd, Rosebank, Gauteng, 2196, South Africa.&#160; VCP&#8217;s principal business is to serve as investment manager to
        the Value Capital Partners H4 QI Hedge Fund, a South African collective investment scheme trust (&#8220;VCP QIHF&#8221;), and certain segregated accounts (together with VCP QIHF, the &#8220;VCP Managed Funds&#8221;).&#160; 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, therefore the VCP Managed Funds do not have voting and dispositive power over the Shares. </div>
      <div> <br>
      </div>
      <div style="text-indent: 36pt;">The name, business address, present principal occupation or employment and citizenship of each director and executive officer of VCP are set forth on Exhibit A to this Statement, and are incorporated herein by
        reference.</div>
      <div> <br>
      </div>
      <div>(d) and (e): During the last five years, neither VCP nor, to the knowledge of VCP, any of the persons named on Exhibit A attached hereto, has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or
        (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating
        activities subject to, federal or state securities laws or finding any violation with respect to such laws.</div>
      <div><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> <br>
        </sup></div>
      <div>(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; VCP is a private company incorporated in South Africa.</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z2cd91bd737db49089636c4ce65144b19" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 3.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Source and Amount of Funds or Other Consideration</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">The Shares reported herein were acquired at an aggregate purchase amount of $26,219,730.98. The Shares were acquired with investment funds of the VCP Managed Funds.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z06f16d51daf34f548b656dd968c89ebf" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 4.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Purpose of Transaction</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">VCP acquired the Shares because it believes it represents an attractive investment opportunity.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <div style="text-indent: 36pt;">VCP and its representatives have from time to time engaged in discussions with members of management and the board of directors of the Issuer (the &#8220;Board&#8221;), including with respect to the composition of the Board, and
        have expressed an interest in providing candidates to serve on the Board. VCP and its representatives have also from time to time engaged in discussions with other shareholders of the Issuer and may, from time to time, continue to engage in
        discussions with members of management and the Board, other current or prospective shareholders, industry analysts, existing or potential strategic partners or competitors, investment and financing professionals, sources of credit and other third
        parties regarding a variety of matters relating to the Issuer, which may include, among other things, the Issuer&#8217;s business, management, capital structure and allocation, corporate governance, Board composition and strategic alternatives and
        direction, and may pursue other plans or proposals that relate to or could result in any of the matters set forth in clauses (a)-(j) of Item 4 of Schedule 13D.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <div style="text-indent: 36pt;">VCP intends to review its investments in the Issuer on a continuing basis. Depending on various factors and subject to the obligations described herein, including, without limitation, the Issuer&#8217;s financial position
        and strategic direction, actions taken by the Board, price levels of the Shares, other investment opportunities available to VCP, concentration of positions in the portfolios managed by VCP, tax considerations for investors in VCP Managed Funds,
        market conditions and general economic and industry conditions, VCP may take such actions with respect to its investments in the Issuer as they deem appropriate, including, without limitation, purchasing additional Shares or other financial
        instruments related to the Issuer or selling some or all of its beneficial holdings, engaging in hedging or similar transactions with respect to the securities relating to the Issuer and/or otherwise changing its intention with respect to any and
        all matters referred to in Item 4 of Schedule 13D.</div>
      <br>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">3</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="zdbc51702b33a403f80b0fe427b1ddc9d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 5.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Interest in Securities of the Issuer</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="zea8ad9e039804260b5ae90dde7c0034a" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(a)</td>
            <td style="width: auto; vertical-align: top;">
              <div>VCP beneficially owned an aggregate of 7,589,950 Shares, constituting 13.4% of the Issuer&#8217;s outstanding Shares. The aggregate percentage of the Shares reportedly owned by VCP is based upon 56,568,425 Shares outstanding, as of February 3,
                2020 and reported in the Issuer&#8217;s Form 10-Q filed on <font style="color: #000000;">February 10, 2020</font>.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z5052a875fc7e47efaa6a72507aad2819" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(b)</td>
            <td style="width: auto; vertical-align: top;">
              <div>VCP, as the investment manager of the VCP Managed Funds, may be deemed the beneficial owner of 7,589,950 Shares owned by the VCP Managed Funds. VCP holds sole dispositive and voting power over the Shares held by the VCP Managed Funds.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z938562626ea8483898140b67fc6d3a43" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(c)</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: #000000;">A list of transactions in the Shares that were effected by VCP during the past 60 days is attached as Exhibit B hereto and is incorporated herein by reference. All of the transactions listed on Exhibit A were
                effected in the open market.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="ze1f366ae26b64fa6b580e1a22ef6ca3c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(d)</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: #000000;">No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of Shares.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="zd3826bb6a04e493194ce23f5f227db13" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(e)</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: #000000;">Not applicable.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="zd36b5c50a9f7421b842502fdfee76e74" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 6.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">Not applicable.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z92872f57d272485cbc35d60659c4f3f7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; font-weight: bold;">Item 7.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="font-weight: bold;">Material to be Filed as Exhibits</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt;">Not applicable.</div>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">4</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-indent: 36pt;">After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.</div>
      <div style="text-indent: 36pt;"> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z50792785c3f5463c9ea23de02dd84907" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div>Dated: April 24, 2020</div>
            </td>
            <td style="vertical-align: top;" colspan="2"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;"><br>
            </td>
            <td style="vertical-align: top;" colspan="2"><br>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;"><br>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div style="font-weight: bold;">Value Capital Partners (Pty) Ltd</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="vertical-align: top;" colspan="2" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="vertical-align: top;" colspan="2" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;"><br>
            </td>
            <td style="width: 3%; vertical-align: top;">
              <div>By:</div>
            </td>
            <td style="width: 47.1%; vertical-align: top;">
              <div><u>/s/ Samuel Sithole</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;"><br>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div>Name: Samuel Sithole</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;"><br>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div>Title: Chief Executive Officer</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">5</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: right; font-weight: bold;">Exhibit A</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">DIRECTORS AND EXECUTIVE OFFICERS OF THE REPORTING PERSON</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div>The name, present principal occupation or employment and citizenship of each director and executive officer of VCP are set forth below. The business address for each director and executive officer is c/o VCP, Rosebank Link, 173 Oxford Road, 8th
        Floor, Rosebank, Gauteng, 2196, South Africa.</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" align="center" id="ze5f0577f9d224956a790acb4f81517d3" style="border-collapse: collapse; width: 70%; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; text-align: left;">

          <tr>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><u>Name</u></div>
            </td>
            <td style="width: 30%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><u>Position</u></div>
            </td>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;"><u>Citizenship</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Anthony Charles Ball</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Non-Executive Chairman and Director</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255); text-align: center;">South Africa<br>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Samuel Sithole</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Chief Executive Officer and Director</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: center;">Zimbabwe<br>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Noluvuyo Lulama Mkhondo</div>
            </td>
            <td style="width: 30%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Director</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255); text-align: center;">South Africa<br>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Sherleen Pather</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Acting Chief Financial Officer</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255); text-align: center;">South Africa<br>
            </td>
          </tr>

      </table>
      <div>
        <div><br>
        </div>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">6</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: right; font-weight: bold;">Exhibit B</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-weight: bold;">TRANSACTIONS DURING PAST 60 DAYS</div>
      <div style="text-align: center; font-weight: bold;"> <br>
      </div>
      <div>VCP engaged in the following transactions in shares of common stock of the Issuer during the past 60 days:</div>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" align="center" id="zde6310af5a174e70955053585d4af2ef" style="border-collapse: collapse; width: 65%; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; text-align: left;">

          <tr>
            <td style="width: 15%; vertical-align: bottom;">
              <div style="text-align: center;"><u>Date of Transaction</u></div>
            </td>
            <td style="width: 20%; vertical-align: bottom;">
              <div style="text-align: center;"><u>Transaction Type </u></div>
              <div style="text-align: center;"><u>(Purchase or Sale)</u></div>
            </td>
            <td style="width: 15%; vertical-align: bottom;">
              <div style="text-align: center;"><u>Shares</u></div>
            </td>
            <td style="width: 15%; vertical-align: bottom;">
              <div style="text-align: center;"><u>Price (USD)</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/10/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">50,113</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.598</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/11/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">708,492</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.649</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/12/2020</div>
            </td>
            <td style="width: 20%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">165,310</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.417</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/16/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">214,194</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.314</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/17/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">579,350</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.576</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/18/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">47,457</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.169</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/19/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">155,700</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.220</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/20/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">131,517</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.034</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/23/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">69,121</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">2.966</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/24/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">192,648</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">2.981</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/25/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">138,875</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.235</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/26/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">102,159</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.293</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">03/27/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">173,444</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.226</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">03/30/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">43,473</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.236</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">04/15/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3,000,000</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">3.464</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">04/15/2020</div>
            </td>
            <td style="width: 20%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">Purchase</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">1,818,097</div>
            </td>
            <td style="width: 15%; vertical-align: top; background-color: rgb(255, 255, 255);">
              <div style="text-align: center;">3.520</div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div> <br>
      </div>
      <div style="text-align: center;"> <font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">7</font></div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
    </div>
  </div>
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</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
