Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
|
LESAKA Technologies (Name of Issuer) |
Common stock, par value $0.001 per share (Title of Class of Securities) |
64107N206 (CUSIP Number) |
Mr. Farid Fezoua 2121 Pennsylvania Avenue, Washington, DC, 20433 (202) 522-3743 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/15/2026 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
|
| CUSIP No. | 64107N206 |
| 1 |
Name of reporting person
International Finance Corporation ("IFC") | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
 (a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,271,862.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
3.82 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person:
IFC is an international organization established by Articles of Agreement among its member countries, including the United States, and as such, enjoys certain immunities, privileges and exemptions, including the freedom of all of its property and assets from restrictions, regulations, controls and moratoria of any nature. The voluntary provision by IFC of the following information does not in any way constitute or imply a waiver, termination or modification by IFC of any privilege, immunity or exemption of IFC granted in the Articles of Agreement establishing IFC, international conventions, or applicable law.
SCHEDULE 13D
|
| CUSIP No. | 64107N206 |
| 1 |
Name of reporting person
IFC African, Latin American and Caribbean Fund LP ("ALAC") | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED KINGDOM
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,856,263.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
2.17 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| CUSIP No. | 64107N206 |
| 1 |
Name of reporting person
IFC African, Latin American and Caribbean Fund (GP) LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,856,263.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
2.17 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
|
| CUSIP No. | 64107N206 |
| 1 |
Name of reporting person
IFC Financial Institutions Growth Fund, LP ("FIG") | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED KINGDOM
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,302,551.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
3.85 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| CUSIP No. | 64107N206 |
| 1 |
Name of reporting person
IFC FIG Fund (GP), LLP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED KINGDOM
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,302,551.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
3.85 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common stock, par value $0.001 per share | |
| (b) | Name of Issuer:
LESAKA Technologies | |
| (c) | Address of Issuer's Principal Executive Offices:
President Place, 4th Floor, Cnr. Jan Smuts Avenue and Bolton Road, Rosebank, Johannesburg,
SOUTH AFRICA
, 00000. | |
Item 1 Comment:
This Amendment No. 5 to Schedule 13D (the "Amendment") is being filed with respect to the Reporting Persons' beneficial ownership in Lesaka Technologies, Inc. (f/k/a Net 1 UEPS Technologies, Inc.) (the "Issuer"). This amendment supplements the Schedule 13D as previously filed on June 1, 2016, as amended by Amendment No. 4 filed March 17, 2026, Amendment No. 3 filed December 4, 2024, Amendment No. 2 filed August 19, 2022 and Amendment No. 1 filed on May 29, 2020 (as amended, the "Schedule 13D"). Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Unless otherwise indicated herein, capitalized terms used but not defined in this Amendment shall have the same meaning herein as are ascribed to such terms in Schedule 13D. | ||
| Item 3. | Source and Amount of Funds or Other Consideration | |
Item 3 is hereby amended and supplemented as follows: We incorporate by reference Item 5(c) below. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Item 5(a) is hereby amended and restated as follow: The aggregate percentage of Common Stock reported to be beneficially owned by the Reporting Persons is based upon 85,736,223 shares outstanding as of May 4, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. | |
| (c) |
Item 5(c) is hereby amended as follows: ALAC, a United Kingdom limited partnership, of which IFC African, Latin American and Caribbean Fund (GP) LLC, a Delaware limited liability company, serves as general partner, disposed of 671,112 shares of Common Stock through a series of market sales between March 18, 2026 and June 17, 2026 for an aggregate price of $3,307,215, net of brokerage commissions, as follows: On March 18, 2026, ALAC sold 4,819 shares of Common Stock at a weighted average price of $5.3782 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $5.31 to $5.44. On March 19, 2026, ALAC sold 34,607 shares of Common Stock at a weighted average price of $5.0584 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $5.00 to $5.32. On March 23, 2026, ALAC sold 2,162 shares of Common Stock at a weighted average price of $5.0348 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $5.00 to $5.15. On March 24, 2026, ALAC sold 16,179 shares of Common Stock at a weighted average price of $5.0218 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $5.00 to $5.11. On March 25, 2026, ALAC sold 11,104 shares of Common Stock at a weighted average price of $5.0404 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $5.00 to $5.11. On March 26, 2026, ALAC sold 2,468 shares of Common Stock at a weighted average price of $4.9508 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $5.15. On March 27, 2026, ALAC sold 31,504 shares of Common Stock at a weighted average price of $4.91 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.95. On March 30, 2026, ALAC sold 6,467 shares of Common Stock at a weighted average price of $4.9166 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.95. On March 31, 2026, ALAC sold 32,807 shares of Common Stock at a weighted average price of $5.0185 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $5.08. On April 1, 2026, ALAC sold 18,663 shares of Common Stock at a weighted average price of $4.9725 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.91 to $5.00. On April 2, 2026, ALAC sold 9,928 shares of Common Stock at a weighted average price of $4.9945 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $5.02. On April 6, 2026, ALAC sold 34,219 shares of Common Stock at a weighted average price of $4.9514 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.92 to $5.02. On April 7, 2026, ALAC sold 47,954 shares of Common Stock at a weighted average price of $4.9137 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.97. On April 8, 2026, ALAC sold 19,311 shares of Common Stock at a weighted average price of $4.9278 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $5.015. On April 9, 2026, ALAC sold 9,878 shares of Common Stock at a weighted average price of $4.9527 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.92 to $5.03. On April 10, 2026, ALAC sold 57,894 shares of Common Stock at a weighted average price of $4.9828 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.93 to $5.00. On April 13, 2026, ALAC sold 52,230 shares of Common Stock at a weighted average price of $4.9203 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $5.01. On April 14, 2026, ALAC sold 106,948 shares of Common Stock at a weighted average price of $4.9004 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.91. On April 15, 2026, ALAC sold 19,488 shares of Common Stock at a weighted average price of $4.9023 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.93. On April 16, 2026, ALAC sold 66,437 shares of Common Stock at a weighted average price of $4.9001 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.90 to $4.94. On June 8, 2026, ALAC sold 17,033 shares of Common Stock at a weighted average price of $4.8854 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.85 to $4.93. On June 9, 2026, ALAC sold 18,557 shares of Common Stock at a weighted average price of $4.8997 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.85 to $4.99. On June 10, 2026, ALAC sold 1,061 shares of Common Stock at a weighted average price of $4.8537 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.85 to $4.86. On June 11, 2026, ALAC sold 7,625 shares of Common Stock at a weighted average price of $4.7449 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.70 to $4.80. On June 12, 2026, ALAC sold 6,880 shares of Common Stock at a weighted average price of $4.7220 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.70 to $4.80. On June 15, 2026, ALAC sold 30,331 shares of Common Stock at a weighted average price of $4.7238 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.70 to $4.7750. On June 16, 2026, ALAC sold 3,358 shares of Common Stock at a weighted average price of $4.7059 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.70 to $4.72. On June 17, 2026, ALAC sold 1,200 shares of Common Stock at a weighted average price of $4.6636 per share. Such shares of Common Stock were sold in multiple transactions at prices ranging from $4.65 to $4.69. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price. | |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature:
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. |