Current Report Filing (8-k)
November 07 2013 - 3:17PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November
7, 2013 (November 6, 2013)
NET 1 UEPS TECHNOLOGIES,
INC.
(Exact name of registrant as specified in its
charter)
Florida |
000-31203 |
98-0171860 |
(State or other jurisdiction |
(Commission |
(IRS Employer |
of incorporation) |
File Number) |
Identification No.) |
President Place, 4th Floor, Cnr.
Jan Smuts Avenue and Bolton Road
Rosebank, Johannesburg, South
Africa
(Address of principal executive offices) (ZIP Code)
Registrants telephone number, including area code:
011-27-11-343-2000
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:
[ ] Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 2.02. Results of Operations and Financial Condition.
The following information is furnished pursuant to Item 2.02,
Results of Operations and Financial Condition.
On November 7, 2013, we issued a press release setting forth
our financial results for the first quarter ended September 30, 2013. A copy of
the press release is attached as Exhibit 99.1.
Item 8.01. Other Events.
On November 6, 2013, we signed a letter of intent to issue
4,400,000 shares (BVI Shares), which will be contractually restricted as to
resale, of our common stock at a price of ZAR 88.50 per share (calculated as 75%
of the closing price of our common stock on the JSE Limited on November 5, 2013)
to Business Venture Investments 1567 (Proprietary) Limited (RF) (BVI), a
special purpose entity owned by a BEE consortium, pursuant to a new BEE
transaction. Issuance of the BVI Shares is subject to the conclusion of a
Relationship Agreement before December 1, 2013, which will include certain
conditions, including obtaining the relevant regulatory approvals. Under certain
circumstances we may call the BVI Shares then owned, in exchange for a minority
interest in our wholly-owned subsidiary Cash Paymaster Service Proprietary
Limited.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NET 1 UEPS TECHNOLOGIES, INC.
Date: November 7, 2013 |
By: |
/s/ Serge Belamant |
|
|
Dr. Serge C.P. Belamant |
|
|
Chief Executive Officer and Chairman of the
Board |
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