EX-4.2 8 ex42.htm EXHIBIT 4.2
Exhibit 4.2
DESCRIPTION OF THE REGISTRANT’S SECURITIES
REGISTERED PURSUANT TO SECTION 12 OF THE
SECURITIES EXCHANGE ACT OF 1934
As
of
September
13,
2021,
Net
1
UEPS
Technologies,
Inc.
(“Net1”
or
the
“Company”)
had
one
class
of
securities
(“common
stock”)
registered under Section 12 of the Securities Exchange Act of 1934, as amended.
DESCRIPTION OF COMMON STOCK
The following
description of
the Company’s
common stock
is a
summary and
does not
purport to
be complete.
It is
subject to
and
qualified
in
its
entirety
by
reference
to
the
Company’s
Amended
and
Restated
Articles
of
Incorporation
(“Articles
of
Incorporation”)
and its
Amended
and Restated By-laws
(“Bylaws”)
, each of
which are
incorporated by
reference as
an exhibit
to
the Company’s
most recent Annual Report on
Form 10-K. Net1 encourages you to
read its Articles of Incorporation,
Bylaws and the
applicable provisions of the Florida Business Corporation Act
(“FBCA”)
for additional information.
General
Net1’s
Articles of
Incorporation
currently authorizes
the issuance
of two
hundred million
shares of
its common
stock, with
$0.001
par
value.
Net1’s
common
stock
is
listed
and
principally
traded
on
the
Nasdaq
Stock
Exchange,
Global
Select
Market,
under
the
symbol “UEPS.” Net1’s common
stock is also listed on the Johannesburg Stock Exchange, under the
symbol “NT1”.
All outstanding shares of common stock are fully paid and nonassessable
Dividend rights
Holders of shares of Net1’s
common stock are entitled to receive dividends
and other distributions when declared by Net1’s
board of
directors
out
of
legally
available
funds.
Payment
of
dividends
and
distributions
is
subject
to
certain
restrictions
under
the
FBCA,
including
the requirement
that after
making
any
distribution
Net1
must
be able
to meet
its debts
as
they
become
due in
the
usual
course of its business.
Voting
rights
Each holder of common
stock is entitled to one vote
per share for the election
of directors and for all other
matters to be voted on
by
shareholders. Holders of common stock may not cumulate their votes in
the election of directors.
Liquidation and other rights
Upon voluntary
or involuntary
liquidation, dissolution
or winding
up of
Net1, holders
of common
stock share
ratably in
the assets
remaining
after payments
to creditors
and
provision
for the
preference
of any
preferred stock
according
to its
terms. There
are no
pre-emptive
or
other
subscription
rights,
conversion
rights
or
redemption
or
scheduled
installment
payment
provisions
relating
to
shares of common stock. The shares of Net1 common stock are not subject
to redemption.
Transfer Agent
The Company’s
transfer agent in the
United States is
Computershare Shareowner
Services LLC, 480
Washington
Blvd, Jersey City,
New Jersey, 07310,
and the Company’s transfer
agent in South Africa is JSE Investor Services South Africa (Pty) Ltd.