15 Mar 2017 07:04
15 March 2017
ThinkSmart Limited
Director Resignation
The Board of ThinkSmart Limited ("ThinkSmart" or the "Company") announces that it has accepted the resignation of Fernando de Vicente.
Fernando was appointed CEO in January 2015, having previously served 4 years as a Non-Executive Director, the Board would like to thank him for his contribution to the business, including supporting its recent admission to AIM. Fernando is stepping down for personal reasons as he is moving his family back to his native Spain. He will leave the Company on 30th June and a search for a successor is now underway. ThinkSmart will continue to be led by its founder and Executive Chairman, Ned Montarello.
Ned Montarello, Executive Chairman, commented: "Fernando has played an important role in developing the business, with the Company strongly positioned for growth. He leaves with our appreciation and best wishes for the future."
For further information please contact:
ThinkSmart Limited | Via Instinctif Partners |
Ned Montarello | |
Canaccord Genuity (Nominated Adviser, Financial Adviser and Joint Broker) |
+44 (0)20 7523 8350 |
Sunil Duggal David Tyrrell Andrew Buchanan Richard Andrews | |
Peel Hunt LLP (Joint Broker) | +44 (0)20 7418 8900 |
Charles Batten | |
Guy Wiehahn | |
Rishi Shah | |
Instinctif Partners Giles Stewart
Cannings Corporate Communications (for Australian enquiries) Michael Mullane
| +44 (0)20 7457 2020
+61 (0)2 8284 9993 |
About ThinkSmart Limited
ThinkSmart Limited is a leading provider in the UK of retail point-of-sale lease finance for high-volume small-ticket electronic and commercial equipment. The Group provides both B2B and B2C point-of-sale lease finance, primarily through its longstanding relationship with Dixons Retail and its new relationship with Carphone Warehouse. The Group's product offering is underpinned by a proprietary, innovative and scalable technology platform, SmartCheck. Since it commenced operations in the UK in 2003, the Group has processed in excess of 350,000 individual applications.
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.