7 unchanged sentences
intended to satisfy the affirmative defense
−Removed: conditions of
−Removed: Rule 10b5-1(c)
−Removed: Exchange Act.
−Removed: quarter ended
−Removed: March 31, 2025,
−Removed: or directors, as
−Removed: Rule 16a-1(f),
+Added: conditions of Rule 10b5-1(c)
+Added: of the Exchange
+Added: During the quarter
+Added: ended December 31, 2024,
+Added: no officers or
+Added: directors, as defined
+Added: in Rule 16a-1(f),
, modified, or
a “Rule 10b5-1 trading arrangement” or a “
−Removed: trading arrangement,” as
−Removed: defined in Item 408 of Regulation S-K.
+Added: trading arrangement,”
+Added: as 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: Common Terms Agreement Senior Term Loan, Revolving
−Removed: Loan and Working Capital Facilities and Lesaka
−Removed: Technologies Proprietary Limited (as Term/RCF Borrower)
−Removed: and FirstRand Bank Limited (acting through its Rand
−Removed: Merchant Bank division) (as Facility Agent) and Bowwood
−Removed: and Main No 408 (RF) Proprietary Limited (as Debt
−Removed: Guarantor) dated February 27, 2025
−Removed: Senior Term Facility A Agreement between Lesaka
−Removed: Applied Technologies Proprietary Limited (as Term/RCF
−Removed: Borrower) and The Persons Listed in Annexure A (as
−Removed: Original Senior Term Facility A Lenders) and FirstRand
−Removed: Bank Limited (acting through its Rand Merchant Bank
−Removed: Division) (as Facility Agent) dated February 27, 2025
−Removed: Senior Term Facility B Agreement between Lesaka Applied
−Removed: Technologies Proprietary Limited (as Term/RCF Borrower)
−Removed: and The Persons Listed in Annexure A (as Original Senior
−Removed: Term Facility B Lenders) and FirstRand Bank Limited
−Removed: (acting through its Rand Merchant Bank Division) (as
−Removed: Facility Agent) dated February 27, 2025
−Removed: Senior RCF Agreement between Lesaka Applied
−Removed: Technologies Proprietary Limited (as Term/RCF Borrower)
−Removed: and The Persons Listed in Annexure A (as Original Senior
−Removed: RCF Lenders) and FirstRand Bank Limited (acting through
−Removed: its Rand Merchant Bank Division) (as Facility Agent) dated
−Removed: February 27, 2025
−Removed: Pledge and Cession in Security Agreement between Lesaka
−Removed: Technologies, Inc.
−Removed: (as Cedent) and Lesaka Technologies
−Removed: Proprietary Limited (as Obligors' agent and Term/RCF
−Removed: Borrower) and Bowwood and Main No 408 (RF)
−Removed: Proprietary Limited (as Debt Guarantor) and FirstRand
−Removed: Bank Limited (acting through its Rand Merchant Bank
−Removed: Division) (as Facility Agent) dated February 27, 2025
−Removed: Subordination Agreement between Lesaka Applied
−Removed: Technologies Proprietary Limited (as Term/RCF Borrower)
−Removed: and The Persons Listed in Annexure A (as Original
−Removed: Subordinated Parties) and The Persons Listed in Annexure
−Removed: B (as Original Obligors) and The Persons Listed in
−Removed: Annexure C (As Original Lenders) and FirstRand Bank
−Removed: Limited (acting through its Rand Merchant Bank Division)
−Removed: (as Facility Agent) and Bowwood and Main No 408 (RF)
−Removed: Proprietary Limited (as Debt Guarantor) dated February 28,
−Removed: General Banking Facility Agreement dated February 27,
+Added: First Addendum to Sale and Purchase Agreement, dated
+Added: October 1, 2024, between Lesaka Technologies Proprietary
+Added: Lesaka Technologies, Inc.
+Added: and the parties listed in
+Added: October 1, 2024
+Added: Sale of Shares Agreement dated October 1, 2024, between
+Added: Lesaka Technologies Proprietary Limited and Crossfin
+Added: Holdings Proprietary Limited
+Added: October 1, 2024
+Added: Third Addendum to Facility Letter no.:
+Added: LM/CCMS/01/2021
+Added: between FirstRand Bank Ltd, Cash Connect Management
+Added: Solutions (Pty) Ltd, Main Street 1723 (Pty) Ltd, Cash
+Added: Connect Rentals (Pty) Ltd;
+Added: and K2020 Connect (Pty) Ltd
+Added: dated October 29, 2024
+Added: First Addendum to the Facility Letter dated December 10,
2024 between Lesaka Technologies (Proprietary) Limited
1 unchanged sentence
Merchant Bank division)
−Removed: Contract of Employment, dated as of October 1, 2024,
−Removed: between Lesaka Technologies (Pty) Ltd and Daniel Luke
−Removed: Restrictive Covenants Agreement, dated as of October 1,
−Removed: 2024, between Lesaka Technologies (Pty) Ltd and Daniel
−Removed: Employment Agreement, dated as of October 1, 2024,
−Removed: between Lesaka Technologies, Inc.
−Removed: and Daniel Luke Smith
−Removed: Restrictive Covenants Agreement, dated as of October 1,
−Removed: 2024, between Lesaka Technologies, Inc.
−Removed: and Daniel Luke
+Added: Amended & Restated Policy Agreement, dated October 28,
+Added: 2024, among Lesaka Technologies, Inc.
+Added: Trust Deed of the Lesaka Employee Share Trust entered
+Added: into between Lesaka Technologies, Inc.
+Added: and Nomaxabiso
+Added: Norma Teyise and Zwelethu Masinga
+Added: October 2, 2024
+Added: Relationship Agreement between Lesaka Technologies,
+Added: and the Trustees for the time being of the Lesaka
+Added: Employee Share Trust
+Added: October 2, 2024
Certification of Principal Executive Officer pursuant to
14 unchanged sentences
Extension Presentation Linkbase
−Removed: * Indicates a management contract or compensatory plan or arrangement.
# Previously filed with the Quarterly Report on Form 10-Q for the period
−Removed: ended March 31, 2025 filed with the SEC on May 7, 2025
+Added: ended December 31, 2024 filed with the SEC on February
the requirements
6 unchanged sentences
Executive Chairman
−Removed: /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.