UK's The Smarter Web Company jumps after warrant buyback plan
08/04/2026 08:47
** Shares of technology firm The Smarter Web Company SWC.L up 10.4% at 31.7p ** Stock is the top gainer on FTSE small caps .FTSC index ** Co intends to buyback up to 49 million of its pre-IPO warrants, at an offer price of 22.5p per warrant ** Co says offer to redeem warrants will allow it to simplify share capital structure, manage potential equity overhang in orderly manner ** SWC down ~24% since its listing moved to main market on February 3 (Reporting by Nithyashree R B in Bengaluru) ((NithyashreeRB@thomsonreuters.com))