Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 4, 2020, Messrs. Paul Edwards and Alfred T. Mockett advised that they will resign from their position as members of Net 1 UEPS Technologies, Inc.'s (the "Company") board of directors and as members of all committees of the board, effective June 30, 2020. On June 4, 2020, Mr. Alasdair J.K. Pein advised the Company's board of directors that he will not stand for re-election at the Company's next annual general meeting.

Messrs. Edwards, Mockett and Pein's resignations did not result from any disagreement with the Company relating to its operations, policies or practices.

Item 7.01. Regulation FD Disclosure.

On June 9, 2020, the Company issued a press release announcing the resignation of Messrs. Edwards, Mockett and Pein as directors as described in Item 5.02 above. A copy of the Company's press release is attached hereto as Exhibit 99.1.


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Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description


   99.1       Press Release, dated June 9, 2020, issued by Net 1 UEPS
            Technologies, Inc.

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