ThinkSmart Limited Sale of 125,000 Afterpay Shares (4161K)

TIDMTSL

RNS Number : 4161K

ThinkSmart Limited

28 August 2019

28 August 2019

ThinkSmart Limited

("ThinkSmart" or the "Company")

Sale of 125,000 Afterpay Shares

Further to its announcement of 27 June 2019, the Company announces that it has today sold all its remaining holding of 125,000 shares held in Afterpay Touch Group ("APT") for an average of AU$27.73 per share (the "Sale").

Following the sale by the Company of 90% of ClearPay Finance Ltd ("ClearPay") to APT in August 2018, the Company maintains its retained holding in ClearPay. A proportion of the 10% retained shareholding (up to 3.5% of the total share capital of ClearPay) will be made available to employees of ClearPay under an employee share ownership plan.

For further information contact:

ThinkSmart Limited Via finnCap

Ned Montarello

finnCap Ltd (Nominated Adviser and Joint Broker) [phone]

Jonny Franklin-Adams, Anthony Adams (Corporate Finance)

Tim Redfern, Richard Chambers (ECM)

Canaccord Genuity (Joint Broker) [phone]

Sunil Duggal

David Tyrrell

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August 28, 2019 07:00 ET (11:00 GMT)