7 Dec 2021 10:54
7 December 2021
ThinkSmart Limited
("ThinkSmart" or the "Company" which together with its subsidiaries is the "Group")
Statement regarding share price movement
ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, notes the volatility in its share price today and confirms that it knows of no reason for the movement.
ThinkSmart also notes the announcement made today by Afterpay Limited (ASX: APT) that the Afterpay shareholder meeting to approve the acquisition by Square, Inc. (NYSE: SQ) will now take place on 14 December 2021 and the Bank of Spain approval for the takeover will now be a condition subsequent to the takeover becoming effective and binding on Afterpay shareholders if approved by shareholders on 14 December and by the Supreme Court of New South Wales ("Court") on 17 December 2021. The acceptance by the Supreme Court of New South Wales of the Bank of Spain approval becoming a condition subsequent is seen as a positive step.
For further information please contact:
ThinkSmart Limited | Via Buchanan |
Ned Montarello | |
Canaccord Genuity Ltd (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 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.