 JOHANNESBURG, South Africa, Feb. 04, 2021 GLOBE NEWSWIRE -- Net 1 UEPS Technologies, Inc. NasdaqGS: UEPS; JSE: NT1 Net1 or the Company today announced that it has sold its remaining interest in Bank Frick Co. AG Bank Frick back to The Kuno Frick Family Foundation for 30 million. The gross proceeds of 30 million will be reduced by 3.6 million to terminate various agreements and settle liabilities between Bank Frick and Net1s IPG operations. The Company received a 15 million payment at closing and the remaining proceeds are payable in two installments over the next 18 months. 