Australian fintech company ThinkSmart Ltd intends to switch its quotation from ASX to AIM. This is the culmination of a strategic review started nearly a year ago. Henderson is subscribing for £5m-worth of shares at 25p (A$0.44) each in a pre-flotation placing at a premium to the ASX market price, which will give the fund manager 17% of the enlarged share capital. ThinkSmart requires regulatory approvals and a ruling from the Australian Taxation Office in order to go ahead with the tran
15 Aug 2016
AIM Journal
Stride Gaming (STR:LON), 0 | Aferian plc (AFRN:LON), 12.5 | ANGLE plc (AGL:LON), 12.0 | Victoria PLC (VCP:LON), 243
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AIM Journal
Stride Gaming (STR:LON), 0 | Aferian plc (AFRN:LON), 12.5 | ANGLE plc (AGL:LON), 12.0 | Victoria PLC (VCP:LON), 243
- Published:
15 Aug 2016 -
Author:
Northland Research Team -
Pages:
12
Australian fintech company ThinkSmart Ltd intends to switch its quotation from ASX to AIM. This is the culmination of a strategic review started nearly a year ago. Henderson is subscribing for £5m-worth of shares at 25p (A$0.44) each in a pre-flotation placing at a premium to the ASX market price, which will give the fund manager 17% of the enlarged share capital. ThinkSmart requires regulatory approvals and a ruling from the Australian Taxation Office in order to go ahead with the tran