Lesaka extends deadline for Bank Zero acquisition to Jan 31, 2027 pending regulatory consents

On June 26, 2025, Lesaka Technologies, Inc. ("Lesaka") announced that its wholly owned subsidiary, Lesaka Technologies Proprietary Limited ("Lesaka SA"), had entered into a Transaction Implementation Agreement (the "Transaction Implementation Agreement") with Zero Research Proprietary Limited ("Zero Research"), Bank Zero Mutual Bank ("Bank Zero"), the parties identified in Annexure A to the Transaction Implementation Agreement (being all of the shareholders of Bank Zero save for Zero Research and Naught Holdings Ltd), the parties listed in Annexure B to the Transaction Implementation Agreement (being all of the shareholders of Zero Research save for Naught Holdings Ltd) and Naught Holdings Ltd.