International Finance Corp (NASDAQ: LSAK) discloses major direct and indirect stake

Rhea-AI Filing Summary

International Finance Corp filed an initial ownership report for Lesaka Technologies Inc, indicating its status as a ten percent owner of the company’s Common Stock. The filing shows direct ownership of 2,781,615 shares and indirect ownership of 7,202,696 shares.

The indirect holdings are through three investment vehicles that invest third-party capital alongside International Finance Corp: IFC African, Latin American and Caribbean Fund, LP (ALAC), IFC Financial Institutions Growth Fund, LP (FIG), and Africa Capitalization Fund Ltd. (AFCAP). International Finance Corp disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, if any.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider International Finance Corp

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,781,615 shares (Direct); Common Stock — 7,202,696 shares (Indirect, See Footnote)

Footnotes (1)

1. The Reporting Person may be deemed to beneficially own shares of Common Stock held indirectly through three funds managed by the Reporting Person that invests third party capital in conjunction with the Reporting Person's investments: (a) IFC African, Latin American and Caribbean Fund, LP ("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; (b) IFC Financial Institutions Growth Fund, LP ("FIG"), a United Kingdom limited partnership, of which IFC FIG Fund (GP), LLP, a United Kingdom limited liability partnership, serves as general partner; and (c) Africa Capitalization Fund Ltd. ("AFCAP"), a Mauritius limited company. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

International Finance Corp

(Last) (First) (Middle)

2121 PENNSYLVANIA AVENUE

(Street)

WASHINGTON DC 20433

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/11/2016

3. Issuer Name and Ticker or Trading Symbol
LESAKA TECHNOLOGIES INC [ LSAK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,781,615	D
Common Stock	7,202,696	I	See Footnote(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person may be deemed to beneficially own shares of Common Stock held indirectly through three funds managed by the Reporting Person that invests third party capital in conjunction with the Reporting Person's investments: (a) IFC African, Latin American and Caribbean Fund, LP ("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; (b) IFC Financial Institutions Growth Fund, LP ("FIG"), a United Kingdom limited partnership, of which IFC FIG Fund (GP), LLP, a United Kingdom limited liability partnership, serves as general partner; and (c) Africa Capitalization Fund Ltd. ("AFCAP"), a Mauritius limited company.

2. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Remarks:

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.

	/s/ MOHAMED OMER EISSA, By: Mohamed Omer Eissa, Title: Portfolio Manager, on behalf of International Finance Corporation	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does International Finance Corp report in its Form 3 for LSAK?

International Finance Corp reports its initial ownership of Lesaka Technologies Inc Common Stock. It lists 2,781,615 shares held directly and 7,202,696 shares held indirectly through affiliated investment funds, while formally disclaiming beneficial ownership beyond any pecuniary interest.

How many Lesaka (LSAK) shares does International Finance Corp hold directly and indirectly?

The filing shows direct ownership of 2,781,615 Common Stock shares and indirect ownership of 7,202,696 shares. The indirect position is held through three funds managed by International Finance Corp that invest third-party capital alongside its own investments.

How does International Finance Corp hold its indirect Lesaka (LSAK) shares?

Indirect Lesaka holdings are held through three vehicles: IFC African, Latin American and Caribbean Fund, LP (ALAC), IFC Financial Institutions Growth Fund, LP (FIG), and Africa Capitalization Fund Ltd. (AFCAP), each investing third-party capital alongside International Finance Corp.

Does International Finance Corp claim full beneficial ownership of its LSAK holdings?

No. International Finance Corp expressly disclaims beneficial ownership of the reported Lesaka securities, except to the extent of its pecuniary interest, if any. It also states the report should not be deemed an admission of beneficial ownership for Section 16 or other purposes.

Why is International Finance Corp considered a ten percent owner of Lesaka (LSAK)?

International Finance Corp is identified in the filing as a ten percent owner of Lesaka Technologies Inc. This status is based on its reported direct and indirect Common Stock positions, triggering the requirement to file an initial Form 3 ownership statement with the SEC.