Lesaka Technologies Files 8-K with Corporate Updates

Ticker: LSAK · Form: 8-K · Filed: Nov 14, 2024 · CIK: 1041514

Lesaka Technologies INC 8-K Filing Summary
FieldDetail
CompanyLesaka Technologies INC (LSAK)
Form Type8-K
Filed DateNov 14, 2024
Risk Levellow
Pages2
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: corporate-filing, financial-reporting, name-change

TL;DR

Lesaka Tech filed an 8-K on Nov 14, 2024, with corporate updates and financial info. Old name was NET 1 UEPS.

AI Summary

Lesaka Technologies, Inc. filed an 8-K on November 14, 2024, reporting on matters submitted to a vote of security holders and financial statements. The filing also notes a former company name, NET 1 UEPS TECHNOLOGIES INC, with a date of name change on July 24, 2000. The company's principal executive offices are located in Rosebank, Johannesburg, South Africa.

Why It Matters

This filing provides official updates on Lesaka Technologies' corporate actions and financial reporting, which are crucial for investors to stay informed about the company's governance and financial health.

Risk Assessment

Risk Level: low — This is a routine 8-K filing for corporate updates and financial statements, not indicating any immediate material adverse events.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of security holders?

The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.

What is the primary business of Lesaka Technologies, Inc.?

Lesaka Technologies, Inc. is classified under 'FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC [6099]' and is part of the 'Finance' sector.

When did Lesaka Technologies, Inc. change its name from NET 1 UEPS TECHNOLOGIES INC?

The name change from NET 1 UEPS TECHNOLOGIES INC to Lesaka Technologies, Inc. occurred on July 24, 2000.

Where are Lesaka Technologies, Inc.'s principal executive offices located?

The principal executive offices are located at President Place, 4th Floor, Cnr. Jan Smuts Avenue and Bolton Road, Rosebank, Johannesburg, South Africa.

What is the SEC file number for Lesaka Technologies, Inc.?

The SEC file number for Lesaka Technologies, Inc. is 000-31203.

Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-11-14 09:25:44

Filing Documents

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. The following is a summary of the voting results for each matter presented to shareholders at the Annual Meeting. Proposal No. 1-Election of Directors All director nominees were elected and the votes cast were as follows: Director Votes for Votes withheld Broker non-votes Kuben Pillay 39,009,784 285,584 7,287,119 Ali Mazanderani 36,824,086 2,471,282 7,287,119 Dan L. Smith 36,471,413 2,823,955 7,287,119 Naeem E. Kola 36,188,366 3,107,002 7,287,119 Steven J Heilbron 36,471,603 2,823,765 7,287,119 Lincoln C. Mali 36,188,368 3,107,000 7,287,119 Antony C. Ball 36,942,260 2,353,108 7,287,119 Nonku N. Gobodo 39,015,769 279,599 7,287,119 S. Venessa Naidoo 39,006,269 289,099 7,287,119 Ekta Singh-Bushell 38,927,012 368,356 7,287,119 Dean Sparrow 37,258,318 2,037,050 7,287,119 Proposal No. 2-Ratification of Selection of Independent Registered Public Accounting Firm The ratification of the selection of KPMG, Inc. as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025, was approved and the votes cast were as follows: Votes cast For Against Abstain 53,859,087 2,844 17,984 Proposal No. 3-Advisory Vote to Approve Executive Compensation The compensation of the Company's named executive officers was approved, on an advisory, non-binding basis, and the votes cast were as follows: Votes cast For Against Abstain Broker non- votes 38,306,907 944,958 43,503 7,287,119 Proposal No. 4-Approval of an Employee Stock Ownership Plan and the Sale of 2,490,000 Shares of the Company's Common Stock to the ESOP Trust Out of Authorized but Unissued Shares The Employee Stock Ownership Plan and the sale of 2,490,000 shares of the Company's common stock to the ESOP Trust was approved, and the votes cast on this proposal were as follows: Votes cast F

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibits Description 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

SIGNATURES

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: November 14, 2024 By: /s/ Dan L. Smith Name: Dan L. Smith Title: Group Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing