Picture of Aquis Exchange logo

AQX Aquis Exchange News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsHighly SpeculativeSmall CapHigh Flyer

REG - Smarter Web Company - OTCQB Application and Holdings after Fundraising

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250513:nRSM3140Ia&default-theme=true

RNS Number : 3140I  Smarter Web Company PLC (The)  13 May 2025

13 May 2025

 

The Smarter Web Company PLC

("The Smarter Web Company" or "Company")

 

OTCQB Application Submitted

 

Resultant Directors' Holdings after Fundraising

 

The Smarter Web Company (AQUIS: SWC) is pleased to announce that it has
submitted an application to the OTC Markets Group for its ordinary shares to
be cross-traded publicly on the OTCQB Market in the United States.

 

Subject to approval, this listing would enable greater accessibility for North
American investors and marks a significant step in expanding the Company's
international presence.

 

This initiative aligns with the Company's strategic goal of delivering
shareholder value and increasing its global profile.

 

The decision follows numerous enquiries and expressions of interest from U.S.
based investors seeking the ability to invest in the Company.

 

The cross-trading on the OTCQB is expected to open new avenues for shareholder
growth and broaden our investor base across a key global market.

 

It is expected that approval and admission to trading will take approximately
30 working days from the date of this announcement. A further announcement
will be made in due course.

 

Andrew Webley, CEO of The Smarter Web Company said: "While our core focus
remains on building a strong, UK-based business, we are seeing global interest
in our Company.

 

Enabling access for North American investors through the OTCQB is a natural
step in broadening our reach.

 

We are committed to delivering long-term shareholder value and believe that
improving accessibility to our shares globally makes this a strategically
sound and timely initiative.

 

We've already become the most liquid stock on the Aquis Exchange in our short
time as a public company, and this cross-trading arrangement is expected to
enhance that liquidity even further."

 

Directors Share Holdings

 

Following a successful fundraise, announced on 08 May 2025, the Company
announces updated percentages relating to the Directors' share holdings. The
fundraise resulted in an 8.71% dilution for existing shareholders, including
the Directors, offset by a capital injection of approximately £2.24 million
(before expenses).

 

 Name                                                                   Holding Before  Holding After  % Before  % After
 Andrew Webley & Family (including those held by Joanna Webley)         27,378,732      27,378,732     18.64%    17.01%
 Tyler Evans                                                            960,000         960,000        0.65%     0.60%
 Mario Visconti (including those held as 123 Accounting Solutions Ltd)  950,000         950,000        0.65%     0.59%
 Sean Wade & Family (including those held as Keysford Ltd)              767,346         767,346        0.52%     0.48%

 

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 Digital Asset Treasury Policy, including Bitcoin, 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 Directors of the Company accept responsibility for the contents of this
announcement.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NEXFZGMKFZVGKZM

Recent news on Aquis Exchange

See all news