ThinkSmart Limited Shareholder Return (9560S)
July 19 2022 - 4:20AM
UK Regulatory
TIDMTSL
RNS Number : 9560S
ThinkSmart Limited
19 July 2022
19 July 2022
ThinkSmart Limited
("ThinkSmart" or the "Company" which together with its
subsidiaries is the "Group")
Shareholder Return
ThinkSmart Limited (AIM: TSL), a specialist digital payments
platform business, is pleased to confirm that the return of capital
of 3.5188 cents per share, approved by shareholders at the General
Meeting held on 29 June 2022, together with the special dividend of
0.6210 cents per share, were paid to shareholders on 15 July
2022.
Following the return of capital of 3.5188 cents per share, the
ThinkSmart Remuneration and Nomination Committee has made an
adjustment to outstanding LTIP Awards granted in December 2016 in
accordance with the ThinkSmart Long Term Incentive Plan 2016 (the
LTIP). The adjustment will reduce the exercise price of the LTIP by
2.00 pence from 15.08 pence to 13.08 pence per share, to take into
account the 2022 capital return made to shareholders. Of the
outstanding 1,679,532 share option awards granted in December 2016
in accordance with the LTIP, 1,073,863 were granted to Ned
Montarello and 470,659 were granted to Gary Halton.
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 Ned Montarello
--------------------------- -----------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position Executive Chairman
/ status
--------------------------- -----------------------------------------------------
b) Initial notification Initial Notification
/
Amendment
--------------------------- -----------------------------------------------------
3 Details of issuer
----------------------------------------------------------------------------------
a) Name ThinkSmart Limited
--------------------------- -----------------------------------------------------
b) LEI 213800ZBZQVXHDZHET73
--------------------------- -----------------------------------------------------
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 Options over Ordinary shares
of the financial
instrument,
type of instrument
--------------------------- -----------------------------------------------------
Identification AU000XINEAE8
code
--------------------------- -----------------------------------------------------
b) Nature of Adjustment in accordance with the LTIP Rules
the transaction to an Award of Options under ThinkSmart Limited's
Long Term Incentive Plan
--------------------------- -----------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
--------------------------- ------------------------- --------------------------
13.08p 1,073,863
-------------------------------- ------------------------- --------------------------
d) Aggregated Aggregated price Aggregated volume
information
--------------------------- ------------------------- --------------------------
13.08p 1,073,863
-------------------------------- ------------------------- --------------------------
e) Date of the 19 July 2022
transaction
--------------------------- -----------------------------------------------------
f) Place of Outside a trading venue
the transaction
--------------------------- -----------------------------------------------------
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 Gary Halton
--------------------------- -----------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position Executive Director
/ status
--------------------------- -----------------------------------------------------
b) Initial notification Initial Notification
/
Amendment
--------------------------- -----------------------------------------------------
3 Details of issuer
----------------------------------------------------------------------------------
a) Name ThinkSmart Limited
--------------------------- -----------------------------------------------------
b) LEI 213800ZBZQVXHDZHET73
--------------------------- -----------------------------------------------------
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 Options over Ordinary shares
of the financial
instrument,
type of instrument
--------------------------- -----------------------------------------------------
Identification AU000XINEAE8
code
--------------------------- -----------------------------------------------------
b) Nature of Adjustment in accordance with the LTIP Rules
the transaction to an Award of Options under ThinkSmart Limited's
Long Term Incentive Plan
--------------------------- -----------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
--------------------------- ------------------------- --------------------------
13.08p 470,659
-------------------------------- ------------------------- --------------------------
d) Aggregated Aggregated price Aggregated volume
information
--------------------------- ------------------------- --------------------------
13.08p 470,659
-------------------------------- ------------------------- --------------------------
e) Date of the 19 July 2022
transaction
--------------------------- -----------------------------------------------------
f) Place of Outside a trading venue
the transaction
--------------------------- -----------------------------------------------------
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'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 NYSE 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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END
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