13 May 2020 09:50
13 May 2020
ThinkSmart Limited
("ThinkSmart" or the "Company" and together with its subsidiaries the "Group")
PDMR Shareholding Notification
ThinkSmart (AIM: TSL) was notified on 13 May 2020 that Mr. Roger McDowell, Non-Executive Director of the Group, has sold 850,000 ordinary shares of no par value each in the Company ("Ordinary Shares").
Mr. McDowell's beneficial holding in the Group following the sale is nil Ordinary Shares, representing 0% of the Company's issued share capital of 106,509,994 Ordinary Shares. The Company holds no shares in Treasury. Therefore, the total number of voting rights in the Group remain 106,509,994.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
PDMR DEALING NOTIFICATION | |||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Mr. Roger McDowell | |
2 | Reason for the notification | ||
a) | Position / status | Non-Executive Director | |
b) | Initial notification / Amendment | Initial Notification | |
3 | Details of issuer | ||
a) | Name | ThinkSmart Limited | |
b) | LEI |
213800I873YJPIBO2L33 | |
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 | Sale of Ordinary Shares | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
20p | 850,000 | ||
d) | Aggregated information | Aggregated price | Aggregated volume |
N/A (single transaction) | N/A (single transaction) | ||
e) | Date of the transaction | 12 May 2020 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
For further information please contact:
ThinkSmart Limited | Via Buchanan |
Ned Montarello | |
Canaccord Genuity (Nominated Adviser and Broker) | +44 (0)20 7523 8350
|
Sunil Duggal David Tyrrell Tom Diehl | |
Buchanan | +44 (0)20 7466 5000 |
Giles Stewart Victoria Hayns Toto Berger |
About ThinkSmart Limited
ThinkSmart Limited is a specialist digital payments platform operator and investor. In 2018 ThinkSmart sold 90% of its Clearpay subsidiary to Afterpay Ltd and retains the 10% holding. ThinkSmart's operating business provides retail finance solutions for both consumers and businesses, underpinned by its innovative and scalable proprietary technology platform, 'SmartCheck'. Since it commenced operations in the UK in 2003, the Group has processed in excess of 350,000 individual applications.