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 18, 2014 (March 14, 2014)
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, 4
th
Floor, 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
Not Applicable
(Former name or former
address, if changed since last report.)
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))
Item 1.01. Entry into a Material Definitive Agreement.
On March 14, 2014, the Company signed a second addendum to each of the Relationship Agreements dated December 10, 2013, in order to extend the date to meet all conditions contained in the Relationship Agreements from March 15, 2014 to April 15, 2014.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description |
10.30 | |
10.31 |
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.
NET 1 UEPS TECHNOLOGIES, INC.
Date: March 18, 2014 | By: | /s/ Serge C.P. Belamant |
Serge C.P. Belamant | ||
Chief Executive Officer |
EXHIBIT INDEX
Exhibit No. | Description |
10.30 | |
10.31 |
SECOND ADDENDUM TO THE RELATIONSHIP AGREEMENT
between
NET 1 UEPS TECHNOLOGIES, INC
and
NET1 APPLIED TECHNOLOGIES SOUTH AFRICA (PROPRIETARY) LIMITED
and
BUSINESS VENTURE INVESTMENTS NO 1567 (PROPRIETARY) LIMITED (RF)
and
MOSOMO INVESTMENT HOLDINGS (PROPRIETARY) LIMITED
1 |
PARTIES |
1.1 |
The Parties to this addendum are |
1.1.1 |
Net 1 UEPS Technologies, Inc., a Florida corporation; |
1.1.2 |
Net 1 Applied Technologies South Africa (Proprietary) Limited |
1.1.3 |
Business Venture Investments No 1567 (Proprietary) Limited (RF); |
1.1.4 |
Mosomo Investment Holdings (Proprietary) Limited; and |
1.2 |
The Parties agree as set out below. |
2 |
INTERPRETATION |
In this addendum -
2.1 |
words and expressions defined in the Agreement, shall, unless otherwise indicated by the context, bear the same meaning in the Addendum; |
2.2 |
" Agreement " means the agreement, headed Relationship Agreement, entered into between the Parties on or about 9 December 2013, as amended by the addendum thereto, concluded by the Parties on 31 January 2014; and |
2.3 |
" Parties " means the parties to this addendum. |
3 |
VARIATION OF AGREEMENT |
The Agreement is hereby amended as follows:
3.1 |
By substituting the date 15th day of March 2014, in clause 4.1, with 15th day of April 2014. |
4 |
SAVINGS CLAUSE |
4.1 |
Save to the extent specifically modified in this Addendum, or unless otherwise agreed in writing between the Parties, all the terms and conditions of the Agreements shall mutatis mutandis continue to apply. |
5 |
COSTS |
Each Party will bear and pay its own legal costs and expenses of and incidental to the negotiation, drafting, preparation and implementation of this Addendum. |
|
6 |
SIGNATURE |
Signed on behalf of the Parties, each signatory hereto warranting that he/she has due authority to do so. |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
NET 1 UEPS TECHNOLOGIES, INC. | |
/s/ Herman Kotzé | |
Signature | |
Herman G. Kotzé | |
Name of Signatory | |
Chief Financial Officer | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
NET1 APPLIED TECHNOLOGIES SOUTH | |
AFRICA (PROPRIETARY) LIMITED | |
/s/ Herman Kotzé | |
Signature | |
Herman G. Kotzé | |
Name of Signatory | |
Director | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
BUSINESS VENTURE INVESTMENTS NO | |
1567 (PROPRIETARY) LIMITED (RF) | |
/s/ Brian Mosehla | |
Signature | |
Khomotso Brian Mosehla | |
Name of Signatory | |
Director | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
MOSOMO INVESTMENT HOLDINGS | |
(PROPRIETARY) LIMITED | |
/s/ Brian Mosehla | |
Signature | |
Khomotso Brian Mosehla | |
Name of Signatory | |
Director | |
Designation of Signatory |
SECOND ADDENDUM TO THE RELATIONSHIP AGREEMENT
between
NET 1 UEPS TECHNOLOGIES, INC
and
NET1 APPLIED TECHNOLOGIES SOUTH AFRICA (PROPRIETARY) LIMITED
and
BORN FREE INVESTMENTS 272 (PROPRIETARY) LIMITED
and
MAZWI YAKO
1 |
PARTIES |
1.1 |
The Parties to this addendum are |
1.1.1 |
Net 1 UEPS Technologies, Inc., a Florida corporation; |
1.1.2 |
Net 1 Applied Technologies South Africa (Proprietary) Limited |
1.1.3 |
Born Free Investments 272 (Proprietary) Limited; |
1.1.4 |
Mazwi Yako; and |
1.2 |
The Parties agree as set out below. |
2 |
INTERPRETATION |
In this addendum -
2.1 |
words and expressions defined in the Agreement, shall, unless otherwise indicated by the context, bear the same meaning in the Addendum; |
2.2 |
" Agreement " means the agreement, headed Relationship Agreement, entered into between the Parties on or about 9 December 2013, as amended by the addendum thereto, concluded by the Parties on 31 January 2014; and |
2.3 |
" Parties " means the parties to this addendum. |
3 |
VARIATION OF AGREEMENT |
The Agreement is hereby amended as follows:
3.1 |
By substituting the date 15th day of March 2014, in clause 4.1, with 15th day of April 2014. |
4 |
SAVINGS CLAUSE |
4.1 |
Save to the extent specifically modified in this Addendum, or unless otherwise agreed in writing between the Parties, all the terms and conditions of the Agreements shall mutatis mutandis continue to apply. |
5 |
COSTS |
Each Party will bear and pay its own legal costs and expenses of and incidental to the negotiation, drafting, preparation and implementation of this Addendum. |
|
6 |
SIGNATURE |
Signed on behalf of the Parties, each signatory hereto warranting that he/she has due authority to do so. |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
NET 1 UEPS TECHNOLOGIES, INC. | |
/s/ Herman Kotzé | |
Signature | |
Herman G. Kotzé | |
Name of Signatory | |
Chief Financial Officer | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
NET1 APPLIED TECHNOLOGIES SOUTH | |
AFRICA (PROPRIETARY) LIMITED | |
/s/ Herman Kotzé | |
Signature | |
Herman G. Kotzé | |
Name of Signatory | |
Director | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
BORN FREE INVESTMENTS 272 | |
(PROPRIETARY) LIMITED | |
/s/ Mazwi Yako | |
Signature | |
Mazwi Yako | |
Name of Signatory | |
Director | |
Designation of Signatory |
SIGNED at ROSEBANK on MARCH 14, 2014
For and on behalf of | |
MAZWI YAKO | |
/s/ Mazwi Yako | |
Signature | |
Mazwi Yako | |
Name of Signatory | |
Designation of Signatory |