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RNS Number : 8796L Smarter Web Company PLC (The) 06 June 2025
06 June 2025
The Smarter Web Company PLC
("The Smarter Web Company" or "Company")
Director Share Dealings
The Smarter Web Company (AQUIS: SWC), a London listed technology company,
announces that Andrew Webley, Chief Executive Officer, has today purchased
10,000 Ordinary Shares in the Company at a price of 81 pence per share.
Following the purchase, Andrew Webley & Family (including those held by
Joanna Webley) is beneficially interested in 27,388,732 Ordinary Shares,
representing 14.60% of the issued share capital of the Company.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Webley
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name The Smarter Web Company PLC
b) LEI 213800VQO9FUG4PZMP73
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of £0.001 each in The Smarter Web Company PLC
Identification code
Identification code (ISIN) for The Smarter Web Company PLC Ordinary shares:
GB00BPJHZ015
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
81p 10,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 6 June 2025
f) Place of the transaction Aquis Growth Market
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
6 June 2025
f)
Place of the transaction
Aquis Growth Market
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.
The Directors of the Company accept responsibility for the contents of this
announcement.
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 Directors of the Company accept responsibility for the contents of this
announcement.
Important Notice:
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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