27 Apr 2017 12:37
27 April 2017
ThinkSmart Limited
("ThinkSmart" or the "Company"")
Management Update
On 15 March 2017 the Company announced that the Board had accepted the resignation of Fernando de Vicente, CEO of ThinkSmart, with Mr. de Vicente due to leave the business on 30 June 2017. It has since been agreed, by mutual consent, that Mr. de Vicente will leave the Company on 30 April. A successor is expected to be announced in due course; in the meantime ThinkSmart will continue to be led by its founder and Executive Chairman, Ned Montarello.
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 | +44 (0)20 7457 2020 |
Giles Stewart Karranjit Sahota | |
Cannings Corporate Communications (for Australian enquiries) | +61 (0)2 8284 9993 |
Michael Mullane |
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.
TSL.L (TSL)