February 8, 2018 / 3:09 PM / in 8 months

BRIEF-Net1 Acquires Additional 5 Pct In Bank Frick

Feb 8 (Reuters) - Net 1 Ueps Technologies Inc:

* NET1 ACQUIRES ADDITIONAL 5% IN BANK FRICK; BANK TO EXPAND BLOCKCHAIN DEVELOPMENT GROUP

* NET 1 UEPS TECHNOLOGIES INC - FOLLOWING SUCCESSFUL COMPLETION OF INVESTMENT, COMPANY WILL OWN 35% OF BANK FRICK

* NET 1 UEPS TECHNOLOGIES - HAS AN OPTION, EXERCISABLE UNTIL OCT 2, 2019, TO ACQUIRE AN ADDITIONAL 35% INTEREST IN BANK FRICK Source text for Eikon: Further company coverage:

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