Net 1 UEPS Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
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Item 1.01. Entry Into a Material Definitive Agreement.
Amendment to Senior Facility G and Senior Facility H agreements
On December 29, 2022, Lesaka Technologies, Inc., through Lesaka Technologies (Pty) Ltd, entered into an Amendment Agreement (the "Amendment Agreement"), with FirstRand Bank Limited, acting through its Rand Merchant Bank division, which amends its Senior Facility G Agreement and its Senior Facility H Agreement.
Amendment to Senior Facility G Agreement
Pursuant to the Amendment Agreement, the Senior Facility G Agreement is amended to (i) extend the final maturity date by approximately two years and eight months to December 31, 2025, (ii) delete the definitions of Trigger Event and Trigger Event Date and (iii) delete the clause (clause 12) regarding the operation of any trigger event.
Amendment to Senior Facility H Agreement
Pursuant to the Amendment Agreement, the Senior Facility H Agreement is amended to extend the final maturity date by approximately two years and eight months to December 31, 2025.
The foregoing description of the Amendment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text thereof, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information provided in Item 1.01 of this Form 8-K is incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | |
| No. | Description |
| 10.1 | Amendment Agreement, dated December 29, 2022, between Lesaka Technologies Proprietary Limited (as borrower), FirstRand Bank Limited (acting through its Rand Merchant Bank division) (as lender), and FirstRand Bank Limited (acting through its Rand Merchant Bank division) (as facility agent). |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LESAKA TECHNOLOGIES, INC. | ||
| Date: December 30, 2022 | By: | /s/ Naeem E. Kola |
| Name: | Naeem E. Kola | |
| Title: | Group Chief Financial Officer | |