NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure
On May 30, 2017, Net 1 UEPS Technologies, Inc.s subsidiary, Cash
Paymaster Services (Pty) Ltd (CPS), filed an audited statement of
expenses incurred, income received and net profit earned under
the contract (Statement) and the related audit opinion with the
Constitutional Court of South Africa (Constitutional Court).
The amounts included in the Statement were determined in
accordance with the recognition and measurement requirements
under International Financial Reporting Standards applicable to
the preparation of the Statement and the requirements of the
contract for the payment of social grants entered into by and
between the South Africa Social Security Agency and CPS.
A copy of the filing with the Constitutional Court dated May 30,
2017, is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
| (d) |
Exhibits |
| Exhibit | |
| No. | Description |
| 99.1 | Filing with the Constitutional Court dated May 30, 2017 |
About NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS)
Net 1 UEPS Technologies, Inc. is a provider of payment solutions, transaction processing services and financial technology across multiple industries. The Company develops and markets a transaction processing solution that encompasses its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies and for mobile transaction channels. The Company operates through three segments: South African transaction processing, International transaction processing, and Financial inclusion and applied technologies. The Company also provides secure transaction technology solutions and services, by offering transaction processing, financial and clinical risk management solutions to various industries. It offers secure online transaction processing, cryptography, mobile telephony, integrated circuit card (chip/smart card) technologies, and the design and provision of financial and value-added services to its cardholder base. NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS) Recent Trading Information
NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS) closed its last trading session 00.00 at 9.41 with 91,320 shares trading hands.
