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Net 1 UEPS Technologies Inc (UEPS.OQ)

UEPS.OQ on NASDAQ Stock Exchange Global Select Market

9.32USD
18 Jul 2018
Change (% chg)

$-0.11 (-1.17%)
Prev Close
$9.43
Open
$9.38
Day's High
$9.38
Day's Low
$9.25
Volume
31,801
Avg. Vol
75,734
52-wk High
$13.20
52-wk Low
$8.07

Latest Key Developments (Source: Significant Developments)

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

Net 1 UEPS Technologies Qtrly earnings per share $0.35
Thursday, 9 Feb 2017 

Net 1 ueps Technologies Inc : Net 1 UEPS Technologies Inc. Reports second quarter 2017 results . Q2 revenue $151.4 million . Sees FY 2017 earnings per share at least $1.69 including items . Qtrly earnings per share $0.35 .Net 1 UEPS Technologies - anticipate our fundamental earnings per share for fiscal 2017 to be at least $1.69.  Full Article

Net 1 UEPS says Nedbank issues letter to Net1 SA
Friday, 9 Dec 2016 

Net 1 UEPS Technologies Inc :Net 1 UEPS-Nedbank issued letter to Net1 SA under which agreed to temporarily increase overdraft facility by secondary amount of zar 200 million-zar 250 million.  Full Article

Net 1 UEPS finalizes financing for Blue Label investment
Tuesday, 25 Oct 2016 

Net 1 UEPS Technologies Inc : Net1 finalizes financing for Blue Label Telecoms strategic investment . Has procured bank funding to complete strategic investment of an approximate 15 pct equity stake in Blue Label Telecoms Limited .Expects Blue Label transaction to close after Blue Label shareholder approval is obtained at a meeting scheduled for Nov. 16 2016.  Full Article

BRIEF-South African Constitutional Court Pronounces Judgment On Payment Of Social Welfare Grants After April 1, 2018

* SOUTH AFRICAN CONSTITUTIONAL COURT PRONOUNCES JUDGMENT ON PAYMENT OF SOCIAL WELFARE GRANTS AFTER APRIL 1, 2018