1 February 2022
ThinkSmart Limited
("ThinkSmart" or the "Company" which together with its subsidiaries is the "Group")
Block Shares
ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, notes the announcement today by Afterpay Ltd ("Afterpay")(ASX: APT) that the scheme of arrangement for Block, Inc ("Block")(NYSE: SQ) to acquire Afterpay has now been implemented. As such, and as announced on 14 January 2022, the 1,650,000 Afterpay shares owned by ThinkSmart Europe Ltd (a wholly owned subsidiary of ThinkSmart) have now been exchanged for 618,750 Block shares.
For further information please contact:
| ThinkSmart Limited | Via Buchanan |
| Ned Montarello | |
| | |
| Canaccord Genuity Limited (Nominated Adviser and Broker) Sunil Duggal Andrew Potts Tom Diehl
| +44 (0)20 7523 8350
|
| Buchanan Giles Stewart Chris Lane Toto Berger
| +44 20 7466 5000 |
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 NASDAQ 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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