Value Capital Partners Amends Lesaka Technologies Filing

TL;DR

VCP updated their Lesaka filing, no major changes reported but important for tracking ownership.

AI Summary

Value Capital Partners (Pty) Ltd, through Samuel Sithole, has amended its Schedule 13D filing for Lesaka Technologies, Inc. on October 4, 2024. This amendment, the seventh, indicates a change in the reporting of beneficial ownership. The filing does not specify new dollar amounts or significant changes in share holdings but updates the reporting status.

Why It Matters

This filing updates the public record regarding significant beneficial ownership of Lesaka Technologies, Inc., providing transparency for investors about who holds substantial stakes in the company.

Risk Assessment

Risk Level: low — The filing is an amendment to an existing Schedule 13D, indicating a change in reporting rather than a new, significant event or change in control.

Key Players & Entities

• Value Capital Partners (Pty) Ltd (company) — Filing entity
• Samuel Sithole (person) — Associated with Value Capital Partners
• Lesaka Technologies, Inc. (company) — Subject company

FAQ

Key Financial Figures

• $0,001 — ame of Issuer) Common Stock, par value $0,001 (Title of Class of Securities) 64107N

Filing Documents

• ef20036741_sc13da.htm (SC 13D/A) — 42KB
• 0001140361-24-042879.txt ( ) — 43KB

(a)-(c) of the Schedule 13D are hereby amended and restated in their entirety as follows

Item 5(a)-(c) of the Schedule 13D are hereby amended and restated in their entirety as follows: The information contained on the cover page of this Schedule 13D and the information set forth in Item 4 of this Schedule 13D are incorporated herein by reference. The VCP Managed Funds hold an aggregate of 15,642,598 Shares, constituting 19.4% of the Issuer's outstanding Shares. VCP, as investment manager of the VCP Managed Funds, holds sole dispositive and voting power over the Shares and, accordingly, may be deemed the beneficial owner of the reported securities. The aggregate percentage of Shares beneficially owned by VCP is based upon 63,243,350 Shares outstanding as of September 11, 2024, as reported in the Issuer's Form 10-K filed on September 11, 2024, as increased by 17,279,803 Shares issued on October 2, 2024, as reported in the Form 8-K filed by the Issuer on October 2, 2024. This Amendment No. 7 is being filed to reflect a change in the percentage previously reported solely as a result of the change in the outstanding Shares as reported by the Issuer. The Reporting Person has no other material changes in the information previously reported or transactions within the prior 60 days to disclose. Neither the filing of this Amendment No. 7 nor any of its contents shall be deemed to constitute an admission by VCP that it is the beneficial owner of any of the Common Stock referred to herein for the purposes of Section 13(d) of the Act, or for any other purpose.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: October 4, 2024 Value Capital Partners (Pty) Ltd By: /s/ Samuel Sithole Name: Samuel Sithole Title: Chief Executive Officer

View Full Filing

View this SC 13D/A filing on SEC EDGAR