21 Nov Confirmation of Issued Capital Following Completion of Buy-Back Tender
Confirmation of Issued Capital Following Completion of Buy-Back Tender
21st November 2016
On 7 November 2016, ThinkSmart Limited (ThinkSmart or the Company) announced that it had successfully completed the off-market buy-back of ordinary fully paid shares in ThinkSmart (Shares) that was announced on 30 August 2016 and approved by shareholders at an Extraordinary General Meeting on 29 September 2016 (Buy-Back Tender).
As a result of ThinkSmart buying back 9,999,178 Shares under the Buy Back Tender, ThinkSmart currently has 105,478,744 Shares on issue. Even though no new Shares have been issued, the enclosed Appendix 3B confirms ThinkSmart’s capital structure following completion of the Buy Back Tender.
Enc. Appendix 3B
Ned Montarello, Executive Chairman
+61 (0)8 9380 8333
Neil Hackett, Company Secretary
+61 (0) 403 535 391
Michael Mullane, Cannings Corporate Communications
+61 (0)2 8284 9993
ThinkSmart Limited (ASX: TSM) a financial technology company and a leader in digital, paperless, retail point of sale finance which processes high volumes of finance transactions quickly and efficiently through its SmartCheck proprietary technology. This enables online credit approval in just a few minutes whether customers are online or in store. Our products are executable throughout today’s complex retail channel, creating additional revenue and enhanced margin performance – on and off line.
For over 14 years, ThinkSmart has been an exclusive partner to Dixons Retail, now the newly merged Dixons Carphone Group Plc, where we have developed compelling Business and Consumer lease finance propositions, most recently introducing Upgrade Anytime – a first to market offer which enables consumers to upgrade to the very latest computing and vision products, bringing more technology to more customers more often.
Download the full announcement here.