TSL.L Regulatory News (TSL)

14 October 2021

ThinkSmart Limited

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

Capital Return and Dividend and Notice of AGM

ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, announces the intention to return approximately A$5.6 million to shareholders.

Subject to shareholder approval at the Company's 2021 Annual General Meeting ("AGM"), the Company intends to return an amount to shareholders of approximately A$5.6 million, consisting of a return of share capital of approximately A$4.76 million by way of a capital reduction to be effected by the Company paying up to 4.4618 cents per share (or depositary interest) and an unfranked dividend of approximately A$0.84 million being 0.7874 cents per share (or depositary interest), to each registered holder of the shares as at the proposed record date of 5:00pm (GMT) on Friday, 12 November 2021 with payment expected to be made on 8 December 2021. At the date of this notice, the Group has approximately A$13 million of cash or cash equivalents.

Copies of the 2021 Annual Report and Accounts, including the Notice of AGM and Proxy Form will be made available to shareholders on Monday 18 October 2021 at which point they will be available for viewing on the Company's website www.thinksmartworld.com.

The Annual General Meeting of the Company will be held at 8.30am (GMT) on Wednesday 10 November 2021 as a virtual meeting. Further details of the AGM arrangements can be found in the AGM Notice.

 For further information please contact:

Notes to Editors

About ThinkSmart Limited

ThinkSmart is a specialist digital payments platform business. It offers investors unique exposure to the UK 'Buy Now Pay Later' payments sector undergoing exponential growth, driven by ongoing digital transformation of consumer shopping habits and financial services.