REG - Smarter Web Company - First Day of Dealings, Name Change & Fundraising

Close BrothersAnnouncement

25/04/2025 08:15

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RNS Number : 1358G  Smarter Web Company PLC (The)  25 April 2025

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OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND,
CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER
JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE
A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE
IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF
ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK
MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.

 

25 April 2025

 

Uranium Energy Exploration PLC

to be renamed

The Smarter Web Company PLC

("The Company")

 

First Day of Dealings, Name Change, Result of WRAP Retail Offer, Placing and
Subscription

 

The Company is pleased to announce that admission of its ordinary shares of
£0.001 each ("Ordinary Shares") to trading on the Aquis Stock Exchange will
take place today at 8.00 a.m. ("Admission"), under the ticker "SWC" and ISIN
number GB00BPJHZ015.

 

Admission follows the successful completion of a fundraising of in excess of
£1m (before expenses) through a retail offer, placing and subscription of new
Ordinary Shares at 2.5p per Ordinary Share ("IPO Issue Price"). In January
2025, the Company also raised approximately £1.1m as detailed in the Aquis
Stock Exchange Admission Document ("Admission Document"). Andrew Webley,
founder of The Smarter Web Company, has invested £40,000 in the fundraising
at the IPO Issue Price. The total funds raised during 2025 are approximately
£2.1m (before expenses).

 

As detailed in the Admission Document, the Company is changing its name to The
Smarter Web Company PLC. The name change will be submitted to Companies House
today and is expected to be processed imminently. Until the name change is
complete, the Company's Ordinary shares will trade under the name Uranium
Energy Exploration PLC. A further announcement will be made to confirm the
name change.

 

The Smarter Web Company - Key Highlights

 

·    Established and scalable digital services business

·    Organic growth opportunities around existing, established services

·    An acquisition strategy intended to accelerate scale

·    As the Company explores opportunities through organic growth and
corporate acquisitions it is pioneering the adoption of a Digital Asset
Treasury Policy, including Bitcoin, into its strategy

 

Andrew Webley, CEO said "I am very proud of the business that we have built
over the last 15 years and today sees a milestone met with admission to the
Aquis Stock Exchange.

 

As we explore further opportunities through organic growth and corporate
acquisitions, we are also pioneering the adoption of a Digital Asset Treasury
Policy, including Bitcoin, into our strategy. We are confident that this
business model will return substantial returns to shareholders.

 

I would like to thank the clients that have worked with us to date, the new
investors who have supported the business and the whole team that have worked
on our admission.

 

Today the next stage of our journey begins."

 

On Admission, the Company will have 146,901,357 Ordinary Shares in issue and a
market capitalisation of approximately £3.7m at the IPO Issue Price.

 

For more information, please refer to the Company's investor relations website
and Admission Document, which is available at:
https://investors.smarterwebcompany.co.uk/
(https://investors.smarterwebcompany.co.uk/)

 

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.

 

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

 Andrew Webley, CEO

 Tennyson Securities (Lead Broker)                                    +44(0) 207 186 9030

 Peter Krens

 Peterhouse Capital Limited (Aquis Stock Exchange Corporate Adviser)  +44 (0) 207 469 0930

 Guy Miller
 Winterflood Retail Access Platform                                   WRAP@winterflood.com (mailto:WRAP@winterflood.com)

 Joe Winkley, Sophia Bechev                                           +44(0) 20 3100 0286

 

The Company's LEI is 213800VQO9FUG4PZMP73.

 

This announcement should be read in its entirety. In particular, the
information in the "Important Notices" section of the announcement should be
read and understood.

 

Important Notices

 

The content of this announcement, which has been prepared by and is the sole
responsibility of the Company.

 

This announcement and the information contained herein is not for release,
publication or distribution, directly or indirectly, in whole or in part, in
or into or from the United States (including its territories and possessions,
any state of the United States and the District of Columbia (the "United
States" or "US")), Australia, Canada, New Zealand, Japan, the Republic of
South Africa, any member state of the EEA or any other jurisdiction where to
do so might constitute a violation of the relevant laws or regulations of such
jurisdiction.

 

The WRAP Retail Offer Shares have not been and will not be registered under
the US Securities Act of 1933, as amended (the "US Securities Act") or under
the applicable state securities laws of the United States and may not be
offered or sold directly or indirectly in or into the United States. No public
offering of the WRAP Retail Offer Shares is being made in the United States.
The WRAP Retail Offer Shares are being offered and sold outside the United
States in "offshore transactions", as defined in, and in compliance with,
Regulation S under the US Securities Act ("Regulation S") to non-US persons
(within the meaning of Regulation S). In addition, the Company has not been,
and will not be, registered under the US Investment Company Act of 1940, as
amended.

 

This announcement does not constitute an offer to sell or issue or a
solicitation of an offer to buy or subscribe for WRAP Retail Offer Shares in
the United States, Australia, Canada, New Zealand, Japan, the Republic of
South Africa, any member state of the EEA or any other jurisdiction in which
such offer or solicitation is or may be unlawful. No public offer of the
securities referred to herein is being made in any such jurisdiction.

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America.  This announcement is
not an offer of securities for sale into the United States.  The securities
referred to herein have not been and will not be registered under the US
Securities Act, and may not be offered or sold in the United States, except
pursuant to an applicable exemption from registration.  No public offering of
securities is being made in the United States.

 

The distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.

 

WRAP is a proprietary technology platform owned and operated by Winterflood
Securities Ltd (registered address at Riverbank House, 2 Swan Lane, London
EC4R 3GA; FRN 141455). Winterflood Securities Ltd ("Winterflood") is
authorised and regulated in the United Kingdom by the Financial Conduct
Authority, is acting exclusively for the Company and for no-one else and will
not regard any other person (whether or not a recipient of this announcement)
as its client in relation to the WRAP Retail Offer and will not be responsible
to anyone other than the Company for providing the protections afforded to its
clients, nor for providing advice in connection with the WRAP Retail Offer,
Admission and the other arrangements referred to in this announcement.

 

The value of Ordinary Shares and the income from them is not guaranteed and
can fall as well as rise due to stock market movements. When you sell your
investment, you may get back less than you originally invested. Figures refer
to past performance and past performance is not a reliable indicator of future
results. Returns may increase or decrease as a result of currency
fluctuations.

 

Certain statements in this announcement are forward-looking statements which
are based on the Company's expectations, intentions and projections regarding
its future performance, anticipated events or trends and other matters that
are not historical facts. These forward-looking statements, which may use
words such as "aim", "anticipate", "believe", "intend", "estimate", "expect"
and words of similar meaning, include all matters that are not historical
facts. These forward-looking statements involve risks, assumptions and
uncertainties that could cause the actual results of operations, financial
condition, liquidity and dividend policy and the development of the industries
in which the Company's businesses operate to differ materially from the
impression created by the forward-looking statements. These statements are not
guarantees of future performance and are subject to known and unknown risks,
uncertainties and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements.
Given those risks and uncertainties, prospective investors are cautioned not
to place undue reliance on forward-looking statements.

 

These forward-looking statements speak only as at the date of this
announcement and cannot be relied upon as a guide to future performance. The
Company and Winterflood expressly disclaim any obligation or undertaking to
update or revise any forward-looking statements contained herein to reflect
actual results or any change in the assumptions, conditions or circumstances
on which any such statements are based unless required to do so by the
Financial Conduct Authority, the Aquis Stock Exchange or applicable law.

 

The information in this announcement is for background purposes only and does
not purport to be full or complete. None of Winterflood or any of its
affiliates, accepts any responsibility or liability whatsoever for, or makes
any representation or warranty, express or implied, as to this announcement,
including the truth, accuracy or completeness of the information in this
announcement (or whether any information has been omitted from the
announcement) or any other information relating to the Company or associated
companies, whether written, oral or in a visual or electronic form, and
howsoever transmitted or made available or for any loss howsoever arising from
any use of the announcement or its contents or otherwise arising in connection
therewith. Winterflood and its affiliates, accordingly disclaim all and any
liability whether arising in tort, contract or otherwise which they might
otherwise be found to have in respect of this announcement or its contents or
otherwise arising in connection therewith.

 

Any indication in this announcement of the price at which the Ordinary Shares
have been bought or sold in the past cannot be relied upon as a guide to
future performance. Persons needing advice should consult an independent
financial adviser. No statement in this announcement is intended to be a
profit forecast and no statement in this announcement should be interpreted to
mean that earnings or target dividend per share of the Company for the current
or future financial years would necessarily match or exceed the historical
published earnings or dividends per share of the Company.

 

Neither the content of the Company's website (or any other website) nor the
content of any website accessible from hyperlinks on the Company's website (or
any other website) is incorporated into or forms part of this announcement.
The WRAP Retail Offer Shares to be issued or sold pursuant to the WRAP Retail
Offer will not be admitted to trading on any stock exchange other than the
Aquis Stock Exchange.

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