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Net 1 UEPS Technologies Inc (UEPS.OQ)

UEPS.OQ on NASDAQ Stock Exchange Global Select Market

4.88USD
16 Jan 2019
Change (% chg)

$-0.09 (-1.81%)
Prev Close
$4.97
Open
$4.98
Day's High
$5.01
Day's Low
$4.82
Volume
43,735
Avg. Vol
92,624
52-wk High
$12.74
52-wk Low
$4.32

Latest Key Developments (Source: Significant Developments)

Net1 Granted Interim Court Order Regarding The Use Of Easypay Everywhere Bank Accounts
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 GRANTED INTERIM COURT ORDER REGARDING THE USE OF EASYPAY EVERYWHERE BANK ACCOUNTS.NET 1 UEPS TECHNOLOGIES - HIGH COURT OF REPUBLIC OF SOUTH AFRICA HANDED INTERIM COURT STATING ORDER REGARDING USE OF EASYPAY EVERYWHERE BANK ACCOUNTS.NET 1 UEPS TECHNOLOGIES - SASSA HAS BEEN ORDERED TO PROCESS ANY ANNEXURE C FORMS WITHIN 2 WEEKS OF DATE OF SUBMISSION OF SUCH FORM BY GRANT RECIPIENT.  Full Article

Net 1 UEPS Technologies Says Co Entered Into A Second Amendment & Restatement Agreement With Firstrand Bank Limited & Others
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES - ON SEPT 26, CO ENTERED INTO A SECOND AMENDMENT & RESTATEMENT AGREEMENT WITH FIRSTRAND BANK LIMITED & OTHERS - SEC FILING.NET 1 UEPS TECHNOLOGIES - PURSUANT TO AMENDMENT, NET1 SA MAY BORROW UP TO ZAR 1.5 BILLION TO FUND NET1 SA'S ATMS.  Full Article

Net 1 UEPS Technologies Qtrly Fundamental EPS Of $0.22
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES, INC. REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $149.2 MILLION.QTRLY FUNDAMENTAL EPS OF $0.22.QTRLY FUNDAMENTAL EPS $0.29 EXCLUDING FAIR VALUE ADJUSTMENTS.SEES FISCAL 2019 DNI REVENUE AND EARNINGS GROWTH OF 10%.  Full Article

Net 1 UEPS Receives Unconditional Approval From Competition Tribunal To Acquire Controlling Stake In Dni
Thursday, 21 Jun 2018 

June 21 (Reuters) - Net 1 UEPS Technologies Inc ::NET1 RECEIVES UNCONDITIONAL APPROVAL FROM COMPETITION TRIBUNAL TO ACQUIRE CONTROLLING STAKE IN DNI.GOT UNCONDITIONAL APPROVAL FROM COMPETITION TRIBUNAL TO INCREASE ITS STAKE IN DNI-4PL CONTRACTS (PTY) LTD FROM 49% TO 55%.TRANSACTION IS NOW UNCONDITIONAL AND NET1 EXPECTS TRANSACTION TO CLOSE ON OR BEFORE JUNE 29, 2018.  Full Article

SA's Competition Tribunal Approves Merger Of Net1 South Africa And Dni-4Pl Contracts
Wednesday, 20 Jun 2018 

June 20 (Reuters) - SA'S COMPETITION TRIBUNAL::MERGER OF NET1 APPLIED TECHNOLOGIES SOUTH AFRICA AND DNI-4PL CONTRACTS APPROVED.PROPOSED TRANSACTION IS UNLIKELY TO SUBSTANTIALLY PREVENT OR LESSEN COMPETITION IN ANY MARKET.  Full Article

Net 1 UEPS Technologies Says Unit Entered Into Agreement
Friday, 9 Mar 2018 

March 9 (Reuters) - Net 1 UEPS Technologies Inc ::NET 1 UEPS TECHNOLOGIES SAYS ‍ON MARCH 9, UNIT ENTERED INTO AGREEMENT UNDER WHICH IT CAN BORROW UP TO ZAR 210 MILLION​ - SEC FILING.NET 1 UEPS-‍ON MARCH 8, ENTERED AGREEMENTS WITH DNI-4PL CONTRACTS PROPRIETARY UNDER WHICH CO WILL SUBSCRIBE FOR 4 MILLION SHARES OF DNI FOR ZAR 89.3 MILLION​.NET 1 UEPS - UNDER DNI AGREEMENTS, CO WILL ALSO SUBSCRIBE FOR ADDITIONAL 6 MILLION ORDINARY 'A' SHARES OF DNI FOR ZAR 126.0 MILLION​.  Full Article

Net1 Appoints Alex Smith As CFO
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Net 1 Ueps Technologies Inc ::NET1 APPOINTS ALEX SMITH AS CHIEF FINANCIAL OFFICER.SAYS ‍ALEX REPLACES HERMAN G. KOTZE, WHO WAS APPOINTED AS CHIEF EXECUTIVE OFFICER IN JUNE 2017​.  Full Article

‍Digital Currency Exchange Bitstamp partners with Masterpayment for cryptocurrency purchases
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Net 1 Ueps Technologies Inc :‍Digital Currency Exchange Bitstamp announces Masterpayment as its new partner for credit card processing and acquiring of cryptocurrency purchases​.  Full Article

Net 1 UEPS Technologies reports first quarter 2018 results
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Net 1 Ueps Technologies Inc :Net 1 UEPS Technologies, Inc. reports first quarter 2018 results.Q1 revenue fell 8 percent to $153 million.Net 1 UEPS Technologies Inc - Q1 fundamental EPS of $0.43​.  Full Article

Net1 retiring CEO Serge Belamant to be succeeded by Herman Kotze
Wednesday, 24 May 2017 

May 24 (Reuters) - Net 1 Ueps Technologies Inc :Net1 announces retirement of serge belamant and appointment of herman kotze as ceo.Net 1 ueps technologies inc says board has initiated a search for a new chief financial officer.Net 1 ueps technologies -until a new appointment is made, kotzé will serve as both chief executive officer and chief financial officer.  Full Article