International Finance Corp 4

What Happened

• International Finance Corp (IFC), identified as a 10% owner, sold a total of 61,398 shares of Lesaka Technologies (LSAK) in open-market sales across three dates. The trades were:
  • Mar 31, 2026: 32,807 shares at $5.02 each — $164,642
  • Apr 01, 2026: 18,663 shares at $4.97 each — $92,802
  • Apr 02, 2026: 9,928 shares at $4.99 each — $49,585
• Total proceeds across the three transactions were approximately $307,029. These were sales (liquidity events), not purchases.

Key Details

• Transaction dates & prices: Mar 31 ($5.02), Apr 1 ($4.97), Apr 2 ($4.99). Footnotes report weighted-average price ranges for each date (Mar 31: $4.90–$5.08; Apr 1: $4.91–$5.00; Apr 2: $4.90–$5.02).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Actor/fund: Sales reported as conducted by ALAC (IFC African, Latin American and Caribbean Fund, LP), a fund managed by IFC; footnotes indicate IFC may be deemed to indirectly own shares through several funds.
• Beneficial ownership & immunity: IFC disclaims beneficial ownership except to the extent of any pecuniary interest and notes it enjoys certain immunities as an international organization (per filing remarks).
• Filing timing: Form 4 filed Apr 2, 2026 (covers transactions Mar 31–Apr 2) — appears to be filed in the normal timeframe for Section 16 reporting.

Context

• This report involves an institutional 10% owner selling shares through a fund (ALAC), not an individual executive. Institutional sales can reflect portfolio management or fund-level liquidity and should not be read as an executive sentiment signal.
• Footnotes state IFC will provide, upon request, a full breakdown of numbers of shares sold at each separate price. The filing also expressly disclaims, for Section 16 purposes, beneficial ownership except for any pecuniary interest.