Brief: Net 1 UEPS Technologies Enters Agreement To Grant Call Option To DNI To Acquire Net1 SA's Retained 30% Interest

Lesaka Technologies

08/05/2019 14:23

May 8 (Reuters) - Net 1 UEPS Technologies Inc  UEPS.O :
    * NET 1 UEPS TECHNOLOGIES - ON MAY 3, CO'S UNIT NET1 SA
ENTERED
INTO AGREEMENT TO GRANT CALL OPTION TO DNI TO ACQUIRE NET1 SA’S
RETAINED 30% INTEREST
    * NET 1 UEPS TECHNOLOGIES - OPTION STRIKE PRICE CALCULATED
AS ZAR
2.827 BILLION ($195.2 MILLION, TRANSLATED AT EXCHANGE RATES
APPLICABLE AS OF MAY 3

Source text: (http://bit.ly/2VQxDcC)
Further company coverage:  UEPS.O 

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