ThinkSmart Limited Block Shares (3572A)

TIDMTSL

RNS Number : 3572A

ThinkSmart Limited

01 February 2022

1 February 2022

ThinkSmart Limited

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

Block Shares

ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, notes the announcement today by Afterpay Ltd ("Afterpay")(ASX: APT) that the scheme of arrangement for Block, Inc ("Block")(NYSE: SQ) to acquire Afterpay has now been implemented. As such, and as announced on 14 January 2022, the 1,650,000 Afterpay shares owned by ThinkSmart Europe Ltd (a wholly owned subsidiary of ThinkSmart) have now been exchanged for 618,750 Block shares.

For further information please contact:

 
 ThinkSmart Limited                      Via Buchanan 
 Ned Montarello 
 
 Canaccord Genuity Limited (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's roots are as a specialist digital payments platform business. Following the sale of its remaining 10% shareholding in Clearpay in January 2022, the Group holds shares in NASDAQ listed Block Inc (NYSE: SQ). The Group also provides an outsourced call centre customer service and support service to Clearpay and is managing the wind-down of its leasing business.

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February 01, 2022 09:12 ET (14:12 GMT)

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