Current Report Filing (8-k)
24 März 2015 - 9:17PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 24,
2015
NET 1 UEPS TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Florida |
000-31203 |
98-0171860 |
(State or other jurisdiction |
(Commission |
(IRS Employer |
of incorporation) |
File Number) |
Identification No.) |
President Place, 4thFloor, Cnr. Jan Smuts Avenue
and Bolton Road
Rosebank, Johannesburg, South Africa
(Address
of principal executive offices) (ZIP Code)
Registrants telephone number, including area code:
011-27-11-343-2000
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d -2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e -4(c))
On March 24, 2015, Net1 issued a press release related to the
South African Constitutional Courts judgment on a reserved issue. A copy of the
press release is attached as Exhibit 99.1.
Item 9.01. |
Financial Statements and Exhibits.
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SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto duly authorized.
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NET 1 UEPS TECHNOLOGIES, INC.
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Date: March 24, 2015 |
By: |
/s/
Serge Belamant |
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Dr. Serge C.P. Belamant |
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Chief Executive Officer and Chairman of |
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the Board |
Exhibit 99.1
South African Constitutional Court pronounces judgment on
reserved issue
Johannesburg, March 24, 2015 Net 1 UEPS Technologies, Inc.
(the Company) (NasdaqGS: UEPS; JSE: NT1) today provided a further update on
the SASSA tender process.
Further to the South African Constitutional Courts (Court)
judgment as described in the Company's press release dated March 19, 2015, the
Court today passed judgment on the only remaining matter it had reserved
judgment on. The Court had reserved judgment on the request by certain parties
for an order directing that parties may only approach the Court for further
relief if it is necessary to protect the interests of beneficiaries.
The Court did not grant the request to make it explicit that
parties may only approach the Court for further relief if it is necessary to
protect the interest of beneficiaries. The Court ordered that parties may only
approach the Court for further relief, and stated that the interest of
beneficiaries will be central to the exercise of the Courts jurisdictional
discretion when it decides whether it is in the interest of justice to entertain
such an application.
The complete judgments of the Court dated March 19 and 24,
2015, are available on the Companys website.
About Net1 (www.net1.com)
Net1 is a leading
provider of alternative payment systems that leverage its Universal Electronic
Payment System (UEPS), to facilitate biometrically secure, real-time
electronic transaction processing to unbanked and under-banked populations of
developing economies around the world in an online or offline environment.
Net1's UEPS/EMV solution is interoperable with global EMV standards that
seamlessly permit access to all the UEPS functionality in a traditional EMV
environment. In addition to payments, UEPS can be used for banking, healthcare
management, payroll, remittances, voting and identification.
Net1 operates market-leading payment processors in South Africa
and the Republic of Korea. In addition, Net1's proprietary MVC technology offers
secure mobile payments and banking services in developed and emerging countries.
Net1 has a primary listing on the NASDAQ and a secondary
listing on the Johannesburg Stock Exchange.
Investor Relations Contact:
Dhruv Chopra |
Head of Investor Relations |
Phone: +1-917-767-6722 |
Email: dchopra@net1.com |
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