RNS Number : 3581F
ThinkSmart Limited
04 November 2022
 

4 November 2022

 

 

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 £0.1308 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 /

Amendment

Initial Notification

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 of the financial instrument, type of instrument

Ordinary shares of NPV each in the Company

 

Identification code

AU000XINEAE8

b)

Nature of the transaction

Exercise of 470,659 awards at £0.1308 under the ThinkSmart Limited Long Term Incentive Plan. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.1308

470,659

d)

Aggregated information

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

e)

Date of the transaction

3 November 2022 

f)

Place of the transaction

Outside a trading venue

 

 

For further information please contact:

ThinkSmart Limited

Via Buchanan





Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

+44 (0)20 7523 8350

Emma Gabriel


Andrew Potts


Tom Diehl




Buchanan

+44 (0)20 7466 5000

Giles Stewart


Chris Lane


Toto 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBKQBDCBDKNDK