Update on Proposed IPO

ThinkSmart  Limited  (ASX:  TSM),  a  financial  technology  company  and  a  leader  in  digital, paperless, retail point of sale finance, is today providing an update to its shareholders following its recent announcement on 29th March 2016 in relation to its preparations  for  a  potential  IPO  of  its  UK  business  through  the  listing  of  its  wholly  owned UK subsidiary, ThinkSmart Europe Limited (“TSEL”).

The  processes  required  to  implement  an  IPO  of  TSEL  continue  to  progress  with  a  launch date targeted for calendar 2016, subject to market conditions and receipt of any necessary regulatory approvals.

Click Here to view the details on the proposed IPO.