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Lesaka Technologies Inc.  –  JSE:LSK  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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Fri 27 Jun 2025, 7:38 Lesaka - merge ambitions with Bank Zero
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Lesaka announced that its wholly-owned subsidiary, Lesaka Technologies (Pty) Ltd., has entered into an agreement to acquire (directly and indirectly) 100% of the issued ordinary shares of Bank Zero Mutual Bank (\"Bank Zero\"). The acquisition consideration will be settled through a combination of newly issued shares - such that the shareholders of Bank Zero will own approximately 12% of Lesaka's fully diluted shares at the time of completion of the proposed transaction - and up to R91 million (USD5.1 million) in cash. All amounts translated at the closing rate of USD1: R17.75 as of June 25, 2025.

 
 
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