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NT1
NT1
NT1 - Net 1 UEPS Technologies, Inc - Notification of director`s dealings in Net1
securities
Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
("Net1" or "the company")
Notification of director`s dealings in Net1 securities
In compliance with rule 3.63 to 3.65 of the JSE Limited Listings Requirements,
the following dealings in the securities of Net1 have taken place by a director
of the company:
Director: Herman Kotze
Number of securities: 196,669
Class of security: Common stock
Nature of interest: Direct, beneficial
Nature of transaction: Sale of options previously exercised and
restricted stock
Option strike date: Options - 7 June 2004 and restricted
stock September 1, 2009
Date of transactions: 10 September 2009
i) Nature of transaction: Restricted stock vested
No: 13,334
Exercise period: September 1, 2009, subject to continuous
employment with Net1 and achievement of
25% fundamental earnings per share target
set
Price: None
ii) Nature of transaction: Sale of a total of 50,002 stock options
exercised in June 2006, August 2007 and
August 2008, 133,333 other stock based
awards which vested on June 7, 2004, but
transferable from June 8, 2007 and June
8, 2008, respectively and 13,334
restricted stock which vested on
September 1, 2009
No: 196,669
Price: USD 20.00
Total transaction value: USD 3,933,380.00
14 September 2009
Johannesburg
Sponsor to Net1:
Deutsche Securities (SA) (Proprietary) Limited
Date: 14/09/2009 17:30:01 Produced by the JSE SENS Department.
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