REG - Smarter Web Company - Group Financial Controller Appointment

Smarter WebAnnouncement

27/04/2026 07:00

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RNS Number : 9209B  Smarter Web Company PLC (The)  27 April 2026

27 April 2026

 

The Smarter Web Company PLC

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

Group Financial Controller Appointment

 

The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) is pleased to
announce the appointment of Oliver Hewett as Group Financial Controller, with
immediate effect.

Oliver will be responsible for leading the Company's financial control and
reporting functions. He will oversee day-to-day financial operations across
the Group and will play a key role in the operational execution of the
Company's activities. He will work closely alongside Mario Visconti, Interim
CFO and Head of Projects, as the Company continues to develop and strengthen
its finance function.

Oliver brings over 18 years of financial experience spanning institutional
investment banking and SME leadership. A Fellow of the Institute of Chartered
Accountants in England and Wales, Oliver began his banking career in
commodities finance at Barclays Capital and Bank of America Merrill Lynch
before moving to NatWest Markets, where he supported the financial execution
of RBS's £29bn Capital Resolution programme.

Most recently, Oliver has served as CFO and Board Director at two growing UK
SMEs, where he led a number of acquisitions and supported revenue growth and
operational scale-up.

Andrew Webley, CEO, The Smarter Web Company, commented:

"We are delighted to welcome Oliver to the team. His combination of
institutional finance experience, a hands-on CFO track record and personal
Bitcoin conviction makes him the ideal person to strengthen our financial
control function as we continue to execute on our 10 Year Plan."

Oliver Hewett, Group Financial Controller, The Smarter Web Company, commented:

"I am excited to be joining The Smarter Web Company at such a pivotal moment.
The combination of a disciplined Bitcoin treasury strategy, a growing
operating business and a committed long-term investor base is a compelling
combination. I look forward to working with the team to help build Smarter Web
into a leading UK-listed company."

 

Enquiries:

 The Smarter Web Company              +44 (0) 117 313 0459

 CEO / Head of Capital Markets

 Andrew Webley / Jamie Knowles

 Tennyson Securities                  +44 (0) 207 186 9030

 Lead Broker

 Peter Krens

 Strand Hanson Limited                +44 (0) 207 409 3494

 Financial Adviser

 James Bellman / Abigail Wennington

 

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 2022, 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 Directors of the Company accept responsibility for the contents of this
announcement.

 

Important Notice:

The Smarter Web Company Plc 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. 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 in the conduct of its business
by the FCA. And there is currently limited regulation of cryptocurrencies
(such as Bitcoin) 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. An investment in 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 buy or sell its Bitcoin at will. The ability to buy or 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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