7 unchanged sentences
intended to satisfy the affirmative defense
−Removed: conditions of Rule 10b5-1(c)
−Removed: of the Exchange
−Removed: During the quarter
−Removed: ended December 31, 2024,
−Removed: no officers or
−Removed: directors, as defined
−Removed: in Rule 16a-1(f),
+Added: conditions of
+Added: Rule 10b5-1(c)
+Added: Exchange Act.
+Added: quarter ended
+Added: March 31, 2025,
+Added: or directors, as
+Added: Rule 16a-1(f),
, modified, or
a “Rule 10b5-1 trading arrangement” or a “
−Removed: trading arrangement,”
−Removed: as defined in Item 408 of Regulation S-K.
+Added: trading arrangement,” as
+Added: defined in Item 408 of Regulation S-K.
The following exhibits are filed as part of this Form 10-Q:
1 unchanged sentence
Description of Exhibit
−Removed: First Addendum to Sale and Purchase Agreement, dated
−Removed: October 1, 2024, between Lesaka Technologies Proprietary
−Removed: Lesaka Technologies, Inc.
−Removed: and the parties listed in
−Removed: October 1, 2024
−Removed: Sale of Shares Agreement dated October 1, 2024, between
−Removed: Lesaka Technologies Proprietary Limited and Crossfin
−Removed: Holdings Proprietary Limited
−Removed: October 1, 2024
−Removed: Third Addendum to Facility Letter no.:
−Removed: LM/CCMS/01/2021
−Removed: between FirstRand Bank Ltd, Cash Connect Management
−Removed: Solutions (Pty) Ltd, Main Street 1723 (Pty) Ltd, Cash
−Removed: Connect Rentals (Pty) Ltd;
−Removed: and K2020 Connect (Pty) Ltd
−Removed: dated October 29, 2024
−Removed: First Addendum to the Facility Letter dated December 10,
+Added: Common Terms Agreement Senior Term Loan, Revolving
+Added: Loan and Working Capital Facilities and Lesaka
+Added: Technologies Proprietary Limited (as Term/RCF Borrower)
+Added: and FirstRand Bank Limited (acting through its Rand
+Added: Merchant Bank division) (as Facility Agent) and Bowwood
+Added: and Main No 408 (RF) Proprietary Limited (as Debt
+Added: Guarantor) dated February 27, 2025
+Added: Senior Term Facility A Agreement between Lesaka
+Added: Applied Technologies Proprietary Limited (as Term/RCF
+Added: Borrower) and The Persons Listed in Annexure A (as
+Added: Original Senior Term Facility A Lenders) and FirstRand
+Added: Bank Limited (acting through its Rand Merchant Bank
+Added: Division) (as Facility Agent) dated February 27, 2025
+Added: Senior Term Facility B Agreement between Lesaka Applied
+Added: Technologies Proprietary Limited (as Term/RCF Borrower)
+Added: and The Persons Listed in Annexure A (as Original Senior
+Added: Term Facility B Lenders) and FirstRand Bank Limited
+Added: (acting through its Rand Merchant Bank Division) (as
+Added: Facility Agent) dated February 27, 2025
+Added: Senior RCF Agreement between Lesaka Applied
+Added: Technologies Proprietary Limited (as Term/RCF Borrower)
+Added: and The Persons Listed in Annexure A (as Original Senior
+Added: RCF Lenders) and FirstRand Bank Limited (acting through
+Added: its Rand Merchant Bank Division) (as Facility Agent) dated
+Added: February 27, 2025
+Added: Pledge and Cession in Security Agreement between Lesaka
+Added: Technologies, Inc.
+Added: (as Cedent) and Lesaka Technologies
+Added: Proprietary Limited (as Obligors' agent and Term/RCF
+Added: Borrower) and Bowwood and Main No 408 (RF)
+Added: Proprietary Limited (as Debt Guarantor) and FirstRand
+Added: Bank Limited (acting through its Rand Merchant Bank
+Added: Division) (as Facility Agent) dated February 27, 2025
+Added: Subordination Agreement between Lesaka Applied
+Added: Technologies Proprietary Limited (as Term/RCF Borrower)
+Added: and The Persons Listed in Annexure A (as Original
+Added: Subordinated Parties) and The Persons Listed in Annexure
+Added: B (as Original Obligors) and The Persons Listed in
+Added: Annexure C (As Original Lenders) and FirstRand Bank
+Added: Limited (acting through its Rand Merchant Bank Division)
+Added: (as Facility Agent) and Bowwood and Main No 408 (RF)
+Added: Proprietary Limited (as Debt Guarantor) dated February 28,
+Added: General Banking Facility Agreement dated February 27,
2025 between Lesaka Technologies (Proprietary) Limited
1 unchanged sentence
Merchant Bank division)
−Removed: Amended & Restated Policy Agreement, dated October 28,
−Removed: 2024, among Lesaka Technologies, Inc.
−Removed: Trust Deed of the Lesaka Employee Share Trust entered
−Removed: into between Lesaka Technologies, Inc.
−Removed: and Nomaxabiso
−Removed: Norma Teyise and Zwelethu Masinga
−Removed: October 2, 2024
−Removed: Relationship Agreement between Lesaka Technologies,
−Removed: and the Trustees for the time being of the Lesaka
−Removed: Employee Share Trust
−Removed: October 2, 2024
+Added: Contract of Employment, dated as of October 1, 2024,
+Added: between Lesaka Technologies (Pty) Ltd and Daniel Luke
+Added: Restrictive Covenants Agreement, dated as of October 1,
+Added: 2024, between Lesaka Technologies (Pty) Ltd and Daniel
+Added: Employment Agreement, dated as of October 1, 2024,
+Added: between Lesaka Technologies, Inc.
+Added: and Daniel Luke Smith
+Added: Restrictive Covenants Agreement, dated as of October 1,
+Added: 2024, between Lesaka Technologies, Inc.
+Added: and Daniel Luke
Certification of Principal Executive Officer pursuant to
14 unchanged sentences
Extension Presentation Linkbase
+Added: * Indicates a management contract or compensatory plan or arrangement.
the requirements
1 unchanged sentence
registrant has
−Removed: behalf by the undersigned, thereunto duly authorized, on February
+Added: behalf by the undersigned, thereunto duly authorized, on May 7, 2025.
LESAKA TECHNOLOGIES, INC.
2 unchanged sentences
Executive Chairman
+Added: /s/ Dan Smith
Group Chief Financial Officer,
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.