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Net 1 UEPS Technologies Inc (UEPS.OQ)

UEPS.OQ on NASDAQ Stock Exchange Global Select Market

9.12USD
13 Aug 2018
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Latest Key Developments (Source: Significant Developments)

South African Constitutional Court Pronounces Judgment On Payment Of Social Welfare Grants After April 1, 2018
Friday, 23 Mar 2018 12:15pm EDT 

March 23 (Reuters) - Net 1 UEPS Technologies Inc ::SOUTH AFRICAN CONSTITUTIONAL COURT PRONOUNCES JUDGMENT ON PAYMENT OF SOCIAL WELFARE GRANTS AFTER APRIL 1, 2018.NET 1 UEPS TECHNOLOGIES INC - SOUTH AFRICAN CONSTITUTIONAL COURT GIVEN ORDER REGARDING CONTINUED PAYMENT OF SOCIAL GRANTS.  Full Article

Net1’s CPS To Challenge High Court’s Order Regarding SASSA Implementation Cost Recovery
Friday, 23 Mar 2018 09:45am EDT 

March 23 (Reuters) - Net 1 Ueps Technologies Inc ::NET1’S CPS TO CHALLENGE HIGH COURT’S ORDER REGARDING SASSA IMPLEMENTATION COST RECOVERY.NET 1 UEPS- COURT ORDERED VARIATION AGREEMENT BETWEEN SASSA, CPS, AND RESULTANT PAYMENT MADE IN SUM OF ZAR 317 MILLION BE REVIEWED AND SET ASIDE.NET 1 UEPS TECHNOLOGIES - COURT ALSO ORDERED CPS ORDERED TO REFUND SAID AMOUNT OF ZAR 317 MILLION TO SASSA WITH INTEREST FROM JUNE 2014 TO DATE OF PAYMENT.  Full Article

S.African Court Orders That Net1’S CPS May Participate In Sassa Tender Process
Friday, 23 Feb 2018 11:05am EST 

Feb 23 (Reuters) - Net 1 Ueps Technologies Inc ::NET 1 UEPS TECHNOLOGIES -S. AFRICAN ‍COURT ORDERED CO'S UNIT NOT PRECLUDED FROM PARTICIPATING IN SASSA'S TENDER PROCESS​.NET 1 UEPS TECHNOLOGIES - ‍COURT SCHEDULED HEARING ON MARCH 6, 2018 TO CONSIDER SASSA'S APPLICATION FOR 6 MONTH EXTENSION OF CONTRACT WITH CPS​.  Full Article

Net 1 Ueps Technologies Reports Q2 EPS $0.17
Thursday, 8 Feb 2018 04:05pm EST 

Feb 8 (Reuters) - Net 1 Ueps Technologies Inc ::REPORTS SECOND QUARTER 2018 RESULTS.Q2 REVENUE FELL 2 PERCENT TO $148 MILLION.QTRLY GAAP EARNINGS PER SHARE $0.17.  Full Article

Net1 Acquires Additional 5 Pct In Bank Frick
Thursday, 8 Feb 2018 09:32am EST 

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.  Full Article

Net1 Appoints Alex Smith As CFO
Friday, 1 Dec 2017 03:00am EST 

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 09:00am EST 

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 04:05pm EST 

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

Net 1 UEPS Technologies Q4 GAAP shr $0.20
Thursday, 24 Aug 2017 04:05pm EDT 

Aug 24 (Reuters) - Net 1 UEPS Technologies Inc ::Net 1 UEPS Technologies Inc qtrly GAAP earnings per share $0.20 .Net 1 UEPS Technologies, Inc. Reports fourth quarter and full year 2017 results.Q4 revenue $155 million.Sees fy 2018 earnings per share at least $1.61.  Full Article

Net 1 UEPS Technologies enters into an equity implementation agreement
Monday, 26 Jun 2017 04:28pm EDT 

June 26 (Reuters) - Net 1 UEPS Technologies Inc ::Net 1 UEPS Technologies says on June 19, co through unit entered into an equity implementation agreement with Cell C Proprietary Ltd - SEC filing.Net 1 UEPS Technologies - on June 19, in connection with equity implementation agreement, Net1 SA entered into a subscription agreement with Cell C.Net 1 UEPS Technologies says equity implementation agreement also with 3C Telecommunications Proprietary Limited, certain other Cell C stakeholders.Net 1 UEPS Technologies - pursuant to Cell C subscription agreement, Net1 SA to purchase about 75 million class 'A' shares for purchase price of $155.3 million in cash.Net 1 UEPS Technologies Inc - expects to fund subscription agreement through combination of cash resources and debt facility from South African banks.  Full Article