Results of Extraordinary General Meeting – Buy‐Back Tender Approved

Results of Extraordinary General Meeting – Buy‐Back Tender Approved

ThinkSmart Limited (“ThinkSmart”) advises that at the Extraordinary General Meeting of ThinkSmart held today, the resolution to approve the proposed off‐market buyback tender included in the notice of meeting dated 18 November 2014 (the “Buy‐Back Tender”) was passed on a poll in accordance with the relevant legal requirements.

In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, attached are details of the proxies lodged and poll results for the resolution.

Accordingly, ThinkSmart advises that the Buy‐Back Tender will open on 23 December 2014 and will run until 7pm (Sydney time) on the closing date, 23 January 2015. As advised previously, during the period of the Buy‐Back Tender, ThinkSmart will not acquire shares on‐market pursuant to the current on‐market buy‐back.

For further information please contact the Buy‐Back Tender Information Line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia).

Click Here to download full PDF Including table of Voting Results.

Further information:

Ned Montarello, Executive Chairman
+61 (0)8 9380 8333
Neil Hackett, Company Secretary
+61 (0)8 9380 8333
Michael Mullane, Cannings Corporate Communications
+61 (0)2 8284 9993

ThinkSmart Limited (ASX: TSM) processes high volumes of finance transactions quickly and efficiently through its QuickSmart 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 10 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.

This announcement may contain forward‐looking statements. Such statements are not guarantees of future conduct, results, performance or achievements and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of ThinkSmart. ThinkSmart cannot give any assurance that the conduct, results, performance or achievements expressed or implied by the forward‐looking statements in this announcement will in fact occur. Investors are cautioned not to place undue reliance on the forward‐looking statements in this announcement.

No Comments

Sorry, the comment form is closed at this time.