Net 1

Net1 Appoints Chris Meyer As Group CEO

Retrieved on: 
Wednesday, June 30, 2021
NET1, Net 1, JSE

JOHANNESBURG, South Africa, June 30, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has appointed Chris Meyer as Group Chief Executive Officer (CEO) as of July 1, 2021.

Key Points: 
  • JOHANNESBURG, South Africa, June 30, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has appointed Chris Meyer as Group Chief Executive Officer (CEO) as of July 1, 2021.
  • After a thorough and rigorous search process, we are delighted to welcome Chris as Group CEO.
  • This is in line with our growth ambitions for the Net1 Group, said the Board of Directors of Net1.
  • Mr. Meyer said: I am delighted to be appointed as Group CEO of Net1.

Net1 appoints Lincoln Mali as Southern African CEO

Retrieved on: 
Tuesday, February 9, 2021
Countries, Geography of Africa, NET1, Net 1, Africa, Mali

JOHANNESBURG, South Africa, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has appointed Lincoln Mali as Chief Executive Officer (CEO) of Net1 Southern Africa, a new position for the company.

Key Points: 
  • JOHANNESBURG, South Africa, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has appointed Lincoln Mali as Chief Executive Officer (CEO) of Net1 Southern Africa, a new position for the company.
  • "After a thorough and rigorous search process, we are delighted that Lincoln Mali has agreed to join Net1 as the CEO of Net1 Southern Africa.
  • Mali said: I am delighted to be appointed as CEO of Net1 Southern Africa.
  • Furthermore, Net1 is continuing with its search for a Group CEO and will communicate progress in due course.

Net1 to Host Conference Call to Review Second Quarter 2021 Results

Retrieved on: 
Thursday, January 14, 2021
NET1, Net 1, Bank, JSE, TFX, Telecommunications, Television, Service industries

JOHANNESBURG, South Africa, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2021 results after the market close on February 4, 2021.

Key Points: 
  • JOHANNESBURG, South Africa, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2021 results after the market close on February 4, 2021.
  • Net1 management will host a conference call to review these results on February 5, 2021, at 8:00 a.m. Eastern Time.
  • Participants are now able to pre-register for the February 5, 2021, conference call by navigating to https://www.diamondpass.net/5478772 .
  • Net1 utilizes its proprietary banking and payment technology to distribute low-cost financial and value-added services to underserved consumers and small businesses.

Net1 to Host Conference Call to Review First Quarter 2021 Results

Retrieved on: 
Thursday, October 15, 2020
NET1, TFX, JSE, Net 1, Bank, Telecommunications, Television, Economy

JOHANNESBURG, South Africa, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (Net1) today announced it will release first quarter 2021 results after the market close on November 5, 2020.

Key Points: 
  • JOHANNESBURG, South Africa, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (Net1) today announced it will release first quarter 2021 results after the market close on November 5, 2020.
  • Net1 management will host a conference call to review these results on November 6, 2020, at 8:00 a.m. Eastern Time.
  • A webcast of the call will be available for replay on the Net1 website through November 29, 2020.
  • Net1 utilizes its proprietary banking and payment technology to distribute low-cost financial and value-added services to underserved consumers and small businesses.

Net1 to Host Conference Call to Review Fourth Quarter and Full Year 2020 Results

Retrieved on: 
Thursday, August 27, 2020
NET1, Net 1, JSE

JOHANNESBURG, South Africa, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release fourth quarter and year-end 2020 results after the market close on September 10, 2020.

Key Points: 
  • JOHANNESBURG, South Africa, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release fourth quarter and year-end 2020 results after the market close on September 10, 2020.
  • Net1 management will host a conference call to review these results on September 11, 2020, at 8:00 a.m. Eastern Time.
  • A webcast of the call will be available for replay on the Net1 website through October 4, 2020.
  • Participants are now able to pre-register for the September 11, 2020, conference call by navigating to www.diamondpass.net/2820008 .

Net1 to Host Conference Call to Review Third Quarter 2020 Results

Retrieved on: 
Thursday, May 14, 2020
Net 1, NET1, Underbanked, JSE

JOHANNESBURG, South Africa, May 14, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release third quarter 2020 results after the market close on May 26, 2020.

Key Points: 
  • JOHANNESBURG, South Africa, May 14, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release third quarter 2020 results after the market close on May 26, 2020.
  • Net1 management will host a conference call to review these results on May 27, 2020, at 8:00 a.m. Eastern Time.
  • A webcast of the call will be available for replay on the Net1 website through June 18, 2020.
  • Net1 leverages its proprietary banking and payment technology to distribute low-cost financial and value-added services to underbanked consumers and small businesses.

Net1 completes sale of KSNET for $237 million

Retrieved on: 
Monday, March 9, 2020
Net 1, JSE Limited, JSE, NET1, NASDAQ, Finance, Economy of South Africa, Companies

JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has completed the sale of KSNET, Inc. (KSNET) to Stonebridge Capital and Payletter for approximately $237 million.

Key Points: 
  • JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has completed the sale of KSNET, Inc. (KSNET) to Stonebridge Capital and Payletter for approximately $237 million.
  • We thank the KSNET team for its integral contributions to the group over the past decade, said Herman Kotz, CEO of Net1.
  • The sale of KSNET allows us to focus on our core strategy, boost liquidity, and maximize shareholder returns.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).

Net1 appoints Co-Chief Information Officers

Retrieved on: 
Monday, March 9, 2020
NET1, JSE Limited, Net 1, JSE, NASDAQ, Johannesburg, Provinces of South Africa, Finance, Economy of South Africa

JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced the appointment of Yasvanth Singh and Keith Kourie as Chief Information Officers of the group.

Key Points: 
  • JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced the appointment of Yasvanth Singh and Keith Kourie as Chief Information Officers of the group.
  • We are delighted to announce the promotion of two outstanding technologists who have a deep understanding of Net1 and its technologies as well as intricate knowledge of their respective key markets, said Herman Kotze, CEO of Net1.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).
  • Visit www.net1.com for additional information about Net1.

Net1 to sell KSNET for $237 million

Retrieved on: 
Monday, January 27, 2020
JSE Limited, Johannesburg Securities Exchange, JSE, NET1, NASDAQ, Net 1, Finance, Economy of South Africa, Economy

JOHANNESBURG, South Africa, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has agreed to sell 100% of KSNET, Inc. (KSNET), a leading Republic of Korea (South Korea) payment processor, to Stonebridge Capital and Payletter for approximately $237 million.

Key Points: 
  • JOHANNESBURG, South Africa, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has agreed to sell 100% of KSNET, Inc. (KSNET), a leading Republic of Korea (South Korea) payment processor, to Stonebridge Capital and Payletter for approximately $237 million.
  • KSNET is a profitable and cash generative business, but operates autonomously and in a more developed economy with limited overlap with the groups other activities.
  • We also believe that the intrinsic value of KSNET was not appropriately reflected in Net1s overall valuation.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).

Net1 to Host Conference Call to Review Second Quarter 2020 Results

Retrieved on: 
Wednesday, January 15, 2020
JSE Limited, Johannesburg Securities Exchange, JSE, Net 1, NET1, NASDAQ, Finance, Economy of South Africa, Companies

JOHANNESBURG, South Africa, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2020 results after the market close on February 6, 2020.

Key Points: 
  • JOHANNESBURG, South Africa, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2020 results after the market close on February 6, 2020.
  • Net1 management will host a conference call to review these results on February 7, 2020, at 8:00 a.m. Eastern Time.
  • A webcast of the call will be available for replay on the Net1 website through March 1, 2020.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).