International Finance Corp 4

What Happened
International Finance Corp (IFC), reported as a 10% owner of Lesaka Technologies, sold a total of 40,439 shares of LSAK in open-market transactions between March 26 and March 30, 2026. The sales were: 2,468 shares @ $4.95 on 3/26 ($12,219), 31,504 shares @ $4.91 on 3/27 ($154,685), and 6,467 shares @ $4.92 on 3/30 ($31,796), for aggregate proceeds of about $198,700. These were disposals (sales), not purchases.

Key Details

• Transaction dates & reported prices:
  • 2026-03-26: 2,468 shares @ $4.95 (proceeds $12,219) — weighted avg price for that day ranged $4.90–$5.15 (F1)
  • 2026-03-27: 31,504 shares @ $4.91 (proceeds $154,685) — weighted avg price ranged $4.90–$4.95 (F2)
  • 2026-03-30: 6,467 shares @ $4.92 (proceeds $31,796) — weighted avg price ranged $4.90–$4.95 (F3)
• Shares owned after the transactions: Not disclosed in the provided filing details.
• Notable footnotes: Sales were conducted by the ALAC fund (IFC African, Latin American and Caribbean Fund, LP) managed by IFC; IFC may be deemed to beneficially own shares indirectly through several funds (F4) but disclaims direct beneficial ownership except for any pecuniary interest (F5). IFC also notes its status as an international organization with certain immunities (remarks).
• Filing timeliness: The report was filed March 30, 2026, covering trades on March 26–30, 2026 — filed contemporaneously with the last reported sale.

Context
This activity represents institutional fund-level selling by IFC/ALAC rather than trading by Lesaka management or directors. Such disposals by large investors or funds can reflect portfolio management or liquidity needs and do not, by themselves, signal management sentiment about the company. The footnotes state weighted average price ranges for each sale date and offer to provide a price-by-price breakdown to the SEC or other parties on request.