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RNS Number : 8591N Smarter Web Company PLC (The) 23 June 2025
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF
SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BREACH ANY APPLICABLE LAW OR REGULATION.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY
PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN THE
SMARTER WEB COMPANY PLC WHERE SUCH OFFER WOULD BREACH ANY APPLICABLE LAW OR
REGULATION.
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO
CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION
(EU) NO. 596/2014 AS IT FORMS PART OF THE DOMESTIC LAW OF THE UNITED KINGDOM
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED) ("UK MAR").
UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION
SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
23 June 2025
The Smarter Web Company PLC
("The Smarter Web Company" or "Company")
Direct Subscription and
Change Of Registered Address
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) is pleased to announce a
Subscription with a single strategic investor at the closing bid price on
Friday 20 June 2025.
The Subscription has raised £3,795,259 (before expenses), through the issue
of 766,719 new ordinary shares of £0.001 each ("Ordinary Shares") at £4.95
per share.
The Company is excited to welcome this strategic investor as a shareholder.
It is expected that Admission of the new Ordinary Shares will become effective
at 08:00, on or around 26 June 2025. The Subscription is conditional upon,
among other things, Admission becoming effective.
The Subscription Ordinary Shares, when issued, will be fully paid and will
rank pari passu in all respects with each other and with the existing Ordinary
Shares of the Company, including, without limitation, the right to receive all
dividends and other distributions declared, made or paid after the date of
issue.
Total Voting Rights
Following Admission, the total number of Ordinary Shares in issue in The
Smarter Web Company will be 228,245,812 ordinary shares of £0.001 each. This
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.
Change Of Registered Address
The Company also announces that the Board has approved a change to its
registered address to 160 Aztec West, Almondsbury, Bristol, BS32 4TU.
Paperwork will be filed at Companies House to reflect this change.
About The Smarter Web Company
The Smarter Web Company offers web design, web development and online
marketing services. Clients pay an initial fee, an annual hosting charge and
an optional monthly marketing charge. Growth opportunities exist for The
Smarter Web Company around these existing services.
In addition to organic growth, the Company will progress an acquisition
strategy targeting other businesses with a view to growing its number of
clients and / or recurring revenue. The Smarter Web Company will only make
acquisitions where the Directors believe the timing and opportunity is
appropriate.
Since 2023 The Smarter Web Company has adopted a policy of accepting payment
in Bitcoin. The Company believes that Bitcoin forms a core part of the future
of the global financial system and as the Company explores opportunities
through organic growth and corporate acquisitions is pioneering the adoption
of a Bitcoin Treasury Policy into its strategy.
Please also see "The 10 Year Plan" announced by the Company via regulatory
news at 07:00 on 28 April 2025 and available on the Company website.
Visit our website: https://www.smarterwebcompany.co.uk
(https://www.smarterwebcompany.co.uk)
Follow us on X: https://x.com/smarterwebuk (https://x.com/smarterwebuk)
The Smarter Web Company +44 (0) 117 313 0459
CEO
Andrew Webley
Tennyson Securities +44(0) 207 186 9030
Lead Broker
Peter Krens
Peterhouse Capital Limited +44 (0) 207 469 0930
Aquis Stock Exchange Corporate Adviser
Guy Miller
Aquis Stock Exchange Corporate Broker
Lucy Williams / Duncan Vasey
The Company's LEI is 213800VQO9FUG4PZMP73.
This announcement should be read in its entirety. In particular, the
information in the "Important Notices" sections of the announcement should be
read and understood.
Important Notices - The Smarter Web Company
The Smarter Web Company Plc (the Company) holds treasury reserves and surplus
cash in Bitcoin. Bitcoin is a type of cryptocurrency or cryptoasset. Whilst
the Board of Directors of the Company considers holding Bitcoin to be in the
best interests of the Company, the Board remains aware that the financial
regulator in the UK (the Financial Conduct Authority or FCA) considers
investment in Bitcoin to be high risk. At the outset, it is important to note
that an investment in the Company is not an investment in Bitcoin, either
directly or by proxy. However, the Board of Directors of the Company consider
Bitcoin to be an appropriate store of value and growth for the Company's
reserves and, accordingly, the Company is materially exposed to Bitcoin. Such
an approach is innovative, and the Board of Directors of the Company wish to
be clear and transparent with prospective and actual investors in the Company
on the Company's position in this regard.
The Company is neither authorised nor regulated by the FCA. And
cryptocurrencies (such as Bitcoin) are unregulated in the UK. As with most
other investments, the value of Bitcoin can go down as well as up, and
therefore the value of the Company's Bitcoin holdings can fluctuate. The
Company may not be able to realise its Bitcoin exposure for the same as it
paid in the first place or even for the value the Company ascribes to its
Bitcoin positions due to these market movements. And because Bitcoin is
unregulated, the Company is not protected by the UK's Financial Ombudsman
Service or the Financial Services Compensation Scheme.
Nevertheless, the Board of Directors of the Company has taken the decision to
invest in Bitcoin, and in doing so is mindful of the special risks Bitcoin
presents to the Company's financial position. These risks include (but are not
limited to): (i) the value of Bitcoin can be highly volatile, with value
dropping as quickly as it can rise. Investors in Bitcoin must be prepared to
lose all money invested in Bitcoin; (ii) the Bitcoin market is largely
unregulated. There is a risk of losing money due to risks such as
cyber-attacks, financial crime and counterparty failure; (iii) the Company may
not be able to sell its Bitcoin at will. The ability to sell Bitcoin depends
on various factors, including the supply and demand in the market at the
relevant time. Operational failings such as technology outages, cyber-attacks
and comingling of funds could cause unwanted delay; and (iv) cryptoassets are
characterised in some quarters by high degrees of fraud, money laundering and
financial crime. In addition, there is a perception in some quarters that
cyber-attacks are prominent which can lead to theft of holdings or ransom
demands. The Board of Directors of the Company does not subscribe to such a
negative view, especially in relation to Bitcoin. However, prospective
investors in the Company are encouraged to do your own research before
investing.
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