Net1 Signs Agreements for BEE Transactions

By: Benzinga
Net 1 UEPS Technologies (NASDAQ: UEPS ) today announced that it has signed Relationship Agreements with its BEE partners for the issuance of 4,400,000 shares ("BEE Shares"), which will be partially restricted as to resale for a period of five years. In terms of the agreements, Net1 will issue
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