Rethink Group Ltd (The)

Company Name:Rethink Group Ltd (The) Minimum fundraise:£0.00* High Share Price Bid:£0.06

Business Sector:Professional services Total Funds Bid to Date:- Low Share Price Bid:£0.02

Auction period:30 Jun 2021 - N/A Indicative Share Price:0.00 Average Share Price Bid:£0.04**

*The company will accept oversubscription.

**In the event of significant oversubscription, shares will be allocated to bids at the average price and above.

NOTE: ASSET MATCH HAS NEGOTIATED AN “ASSET MATCH INVESTOR BONUS” FOR INVESTORS IN THIS TRANSACTION. SEE THE “OVERVIEW” SECTION BELOW FOR DETAILS.

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CONFIRMATION:

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I am a sophisticated or licenced investor according to this definition. I am legally entitled to place this bid. I am not contravening any laws of my country by placing this bid. I indemnify Asset Match, Webtel.mobi (Holdings) Limited and all of their officers and members or persons associated with them or with this process in the event that either of these aforementioned confirmations are not correct. I understand that I may amend this bid at any time. I understand that this bid is not a formal and binding commitment at this time but rather an expression of interest and intent, and that only at the end of the bidding process when the final share price is established will I be contacted to confirm my interest to proceed, and to thereafter make a formal application to purchase shares, and that only once I have elected to make – and have made, and signed, at my own discretion – a formal application to purchase shares will my expression of interest and intent become a formal and binding commitment. I confirm that I understand that Asset match may contact me to confirm the veracity of my bid, my bona finds and my intentions, and my bona fides, if I submit a bid that is clearly contrary to the indicative level of bids on the platform or contrary to the generally perceived value of the shares. By ticking this box I indicate confirmation that I have read, understand, agree with and confirm all of the aspects covered in this “Confirmation” paragraph:

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Rethink Group Ltd (The)

Rethink Group Ltd has now withdrawn from trading on the Asset Match platform.

In the final auction that closed on 30th June 2021, no shares traded.

Please direct any queries to dealing@assetmatch.com or call 020 7248 2788.

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Company info

The Rethink Group Ltd is a company which delivers talent management and recruitment services internationally to transform businesses into higher performing organisations. (...)

www.rethinkgroupltd.com

Auction details

Rethink Group was admitted to trading on Asset Match on 9 December 2014 at a price of 5 pence per share.

Auctions are held quarterly and close at 4pm on the last Wednesday of the months of March, June, September and December (unless stated otherwise).

The tick size for this company is 0.25 pence per share.

Participants can send orders via their existing broker or directly to shareDeal active. Further details can be found by clicking on the "Auction instructions" section below.

Price history (last 10)

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Auction instructions

To buy and sell shares in this company via Asset Match Private Market, you will need to use a stockbroker.

- shareDeal active

If you are a UK resident, our main broker and settlement agent for all CREST eligible companies on the AM Private Market is shareDeal active.

shareDeal active provide a competitively priced service for both certified and non-certified transactions. You can open an account online or by post using the form provided.

Alternatively, if you already have an account with shareDeal active and wish to place an order please contact the Dealing desk directly on 01892 510515 or deal online.

To sell a share certificate, the easiest way to trade is to set up a shareDeal active account online and once open post your share certificate with a completed CREST transfer form. Alternatively, you can open an account by post using the Asset Match Certificated Sale Pack which includes everything you will need.

It generally takes 5-7 days for your account to be open and shares available for trading.

- Already have a stockbroker

Over 60 UK brokers regularly trade and are set up to deal on our platform. These brokers can submit your instructions to shareDeal active on your behalf*.

Please note that not all brokers are able to deal in unquoted shares so contact us to confirm whether your broker is able to trade.

- Overseas

If you are based overseas and are interested in participating then please contact us directly by emailing dealing@assetmatch.com or by calling 020 7248 2788.

When buying and selling shares, please note that the Asset Match levy of 3% applies, with a minimum charge of £20 per trade (*additional fees may apply).

For more information on how the auction works then please click here.

Key People

John O'Sullivan Non-Executive Chairman

John O’Sullivan has 30 years’ experience in recruitment with senior roles at Ajilon (UK) Limited, trading as Computer People, Best International Group plc and Spring Group plc. He is currently a non-executive director and strategic advisor to eight companies in the Talent Management and Recruitment sector. John was a founder and has been a Non-executive Director since March 2005, becoming Chairman in April 2014.

Farooq Mohammed Executive Director, Digital Gurus

Farooq has worked in recruitment for over 10 years. He was one of the original founders of Digital Gurus, starting the business in a spare room also used as a television repair workshop. Digital Gurus grew rapidly to become a multimillion turnover business with offices in London, Dubai and Australia. In 2016 Digital Gurus became part of the Rethink family and added a Manchester office in 2017. Farooq has a background that encompasses more than just recruitment, having worked in both private and public sector organisations. He joined the Group Board in 2017.

John Zafar Non-Executive Director

John is a chartered management accountant and he joined the Rethink Group as Non-Executive Director in March 2017. He is currently CEO of Celsus Group, a leading healthcare and locum provider. John also serves as non-executive director to two other recruitment businesses. He brings over thirty years of experience in the recruitment sector, across a wide variety of markets and he works alongside private equity investors such as the Business Growth Fund, where John is an advisor on recruitment sector investments.

Mark Lee Cheif Executive Officer

With 20 years experience building highly successful recruitment services businesses across EMEA, a background in recruitment technology start-ups and various NED positions with hyper-growth new generation recruitment businesses, Mark is passionate about people creating transformational business change and whilst never forgetting the life-changing effect they have on every person they interact with.

Rudolph Botha Chief Financial Officer

Rudolph qualified as a Chartered Accountant in South Africa, before beginning his professional career at Deloitte in London. He previously held senior finance roles with Nestor Healthcare Plc (FTSE 250) and CACI Inc. (Fortune 1000) completing and integrating various M&A transactions whilst leading the European corporate development functions.

Rudolph joined Hamilton Bradshaw in 2010 as Investment Director and appointed NED onto various investee company Boards. He was appointed Group CFO of K2 Consulting Group in 2015 and completed the management buy-out alongside Inflexion.

Laura Cockburn Non-Executive Director

Laura joined BGF in May 2017 to focus on direct origination across the South of England. She now leads on Origination across London and SE as well as sitting on a number of portfolio company Boards. Laura has more than 15 years of investment experience, including six years as a director in Royal Bank of Scotland’s special opportunities fund and has held positions with HBOS Joint Ventures, CIT Group Partners and HM Treasury, where she worked as a policy adviser.

Laura joined BGF from Knight Corporate Finance, where she advised businesses and entrepreneurs on a range of transactions including fundraising, trade sales and institutional investments.

Rethink Group Ltd (The)

Investments in private company shares are high risk and illiquid. Asset Match is targeted exclusively at investors who are sufficiently sophisticated to understand these risks. Please click here to read the full Risk Warning.