TSL Thinksmart Limited

TIDMTSL

RNS Number : 3581F

ThinkSmart Limited

04 November 2022

4 November 20 22

ThinkSmart Limited

("ThinkSmart" or the "Company" and together with its subsidiaries the "Group")

Exercise of Options, Issue of Ordinary Shares, Total Voting Rights and Director/PDMR Shareholding Notification

ThinkSmart (AIM: TSL) announces that following the exercise of awards granted under the ThinkSmart Long Term Incentive Plan 2016 the Company has issued 605,669 ordinary shares of no par value each in the Company ("Ordinary Shares") under the Company's block listing facility. Of these, 470,659 shares have been issued to Gary Halton, CFO of ThinkSmart, who exercised awards at GBP0.1308 per share. Following the above, Mr Halton now holds 470,659 shares representing 0.44% of the issued share capital.

Total Voting Rights

The Company advises that, following the issue of the 605,669 new ordinary shares, the Company's issued share capital will be 107,193,483 Ordinary Shares. The Company holds no shares in Treasury. Therefore, the total number of voting rights in the Group will be 107,193,483.

This gure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Group under the Disclosure Guidance and Transparency Rules of the FCA.

 
1     Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Name                      Gary Halton 
     ------------------------  ----------------------------------------------------- 
2     Reason for the notification 
     ------------------------------------------------------------------------------- 
a)    Position / status         Executive Director 
     ------------------------  ----------------------------------------------------- 
b)    Initial notification      Initial Notification 
       / 
       Amendment 
     ------------------------  ----------------------------------------------------- 
3     Details of issuer 
     ------------------------------------------------------------------------------- 
a)    Name                      ThinkSmart Limited 
     ------------------------  ----------------------------------------------------- 
b)    LEI                       213800ZBZQVXHDZHET73 
     ------------------------  ----------------------------------------------------- 
4     Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------------------- 
a)    Description               Ordinary shares of NPV each in the Company 
       of the financial 
       instrument, 
       type of instrument 
     ------------------------  ----------------------------------------------------- 
      Identification            AU000XINEAE8 
       code 
     ------------------------  ----------------------------------------------------- 
b)    Nature of the             Exercise of 470,659 awards at GBP0.1308 
       transaction               under the ThinkSmart Limited Long Term 
                                 Incentive Plan. 
     ------------------------  ----------------------------------------------------- 
c)    Price(s) and              Price(s)                    Volume(s) 
       volume(s) 
     ------------------------  --------------------------  ------------------------- 
   GBP0.1308                                                470,659 
  -------------------------------------------------------  ------------------------- 
d)    Aggregated information    Aggregated price            Aggregated volume 
     ------------------------  --------------------------  ------------------------- 
   N/A (single transaction)                                 N/A (single transaction) 
  -------------------------------------------------------  ------------------------- 
e)    Date of the               3 November 2022 
       transaction 
     ------------------------  ----------------------------------------------------- 
f)    Place of the              Outside a trading venue 
       transaction 
     ------------------------  ----------------------------------------------------- 
 

For further information please contact:

 
 ThinkSmart Limited                       Via Buchanan 
 
 
 C anaccord Genuity Limited (Nominated 
  Adviser and Joint Broker)               +44 (0)20 7523 8350 
 E mma Gabriel 
 A ndrew Potts 
 T om Diehl 
 
 Buchanan                                 +44 (0)20 7466 5000 
 Giles Stewart 
 C hris Lane 
 T oto Berger 
 

Notes to Editors

About ThinkSmart Limited

ThinkSmart's roots are as a specialist digital payments platform business. Following the sale of its remaining 10% shareholding in Clearpay in January 2022, the Group holds shares in NYSE listed Block, Inc (NYSE: SQ). The Group also provides an outsourced call centre customer service and support service to Clearpay and is managing the wind-down of its leasing business.

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