Further Update on the Proposed Admission to AIM and Delisting from ASX

Further Update on the Proposed Admission to AIM and Delisting from ASX


ThinkSmart Limited (ThinkSmart or the Company) confirms that as set out in the indicative timetable included in ThinkSmart’s announcement of 21 November 2016, admission to AIM of the London Stock Exchange (AIM) is being sought for 2 December 2016 (8:00am London time / 7:00pm Sydney time).

It is expected that following confirmation of admission to AIM, ThinkSmart’s ordinary shares (ThinkSmart Shares) will be suspended from quotation on ASX after close of trading on 2 December 2016.


UK broker appointed to assist shareholders to trade on AIM

As set out in ThinkSmart’s announcement of 21 November 2016, in order to trade ThinkSmart Shares on AIM, shareholders will firstly need to convert their ThinkSmart Shares into Depositary Interests (DIs).

In order to convert ThinkSmart Shares to DIs and allow trading on AIM, if a shareholder’s current trading arrangements are not suitable, the shareholder will need to appoint an Australian broker who has an agreement with a UK broker that is able to trade on AIM, or a UK broker.

ThinkSmart has appointed the UK based broker Beaufort Securities Limited to assist ThinkSmart shareholders whose existing broker is unable to trade on AIM (subject to usual client acceptance procedures).

ThinkSmart shareholders who wish to engage Beaufort Securities’ services may contact any of the following people at Beaufort Securities:

Tess Padmore
+44 (0)20 7382 8308
[email protected]

Ben Douglass-Lee
+44 (0)20 7732 8318
[email protected]

Adil Kocaemir
+44 (0)20 7382 8324
[email protected]



Transition of Company Secretary

As part of ThinkSmart’s proposed admission to AIM, the Company’s current secretary Neil Hackett will step down prior to admission to AIM and new joint Company secretaries (one for the UK and one for Australia) are to be appointed in his place.

ThinkSmart is pleased to announced that Kerin Williams has been appointed as the Company secretary (UK) and Jill Dorrington (Australia).

The Board wishes to thank Mr Hackett for his contribution to the Company and wishes him well in his future endeavours.


Download the full announcement here.

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