SCHEDULE: Lesaka Technologies Stakeholder Update

Apis Growth 13 Limited, along with directors Mr. Sattish Lalljee and Mr. Xie Fei Pang Wong Lin, have reported a beneficial ownership of 2.1% in Lesaka Technologies, Inc.

Summary

• Apis Growth 13 Limited, a Mauritius-based entity, has filed an amendment to its Schedule 13G, reporting its beneficial ownership of Lesaka Technologies, Inc. common stock.
• The filing indicates that Apis Growth 13 Limited beneficially owns 1,719,368 shares of Lesaka Technologies, Inc. common stock.
• This ownership represents 2.1% of the class of securities.
• Mr. Sattish Lalljee and Mr. Xie Fei Pang Wong Lin, as directors of Apis Growth 13 Limited, may be deemed to have voting and dispositive power over these shares.
• The calculation of the percentage of class is based on 85,736,223 shares of Common Stock outstanding as of May 4, 2026, as reported in Lesaka Technologies' Form 10-Q filed on May 6, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of beneficial ownership without new financial or strategic information.

Positives

• Significant institutional ownership reported by Apis Growth 13 Limited, indicating investor confidence.
• Clear disclosure of beneficial ownership, enhancing transparency for Lesaka Technologies shareholders.

Risks

• Potential for increased shareholder activism or influence due to the reported ownership stake.
• The filing does not provide details on the investment strategy or intentions of Apis Growth 13 Limited, which could pose a risk if their objectives differ from current management.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is a disclosure of beneficial ownership.

Management Comments

• As the Directors of Apis Growth 13 Limited, Mr. Xie Fei PANG WONG LIN and Mr. Sattish LALLJEE may be deemed to have voting power and dispositive power over the 1,719,368.00 Shares held by Apis Growth 13 Limited.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors crossing certain ownership thresholds. This filing indicates a notable stake in Lesaka Technologies by Apis Growth 13 Limited, a Mauritius-based entity, which is common in global investment strategies.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant ownership stakes, potentially influencing market perception.
• Management: May need to engage with Apis Growth 13 Limited regarding their investment strategy and intentions.
• Creditors: No direct impact indicated by this filing.

Next Steps

• Monitor future filings from Apis Growth 13 Limited for any changes in ownership or stated intentions.
• Observe Lesaka Technologies' stock performance and any management responses to this disclosure.

Key Dates

Keywords

Lesaka Technologies, Schedule 13G, Beneficial Ownership, Apis Growth 13 Limited, Institutional Investor, Shareholder Disclosure, Mauritius