Brief: Smarter Web Company Launches IPO Of 'MORE' Preferred Shares On LSE Main Market
BRIEF-Smarter Web Company Launches IPO Of 'MORE' Preferred Shares On LSE Main Market Sept 29 (Reuters) - Smarter Web Company PLC SWC.L:
SMARTER WEB COMPANY - PUBLICATION OF PROSPECTUS AND INTENTION TO FLOAT
SMARTER WEB COMPANY - PROSPECTUS FOR IPO APPROVED BY FCA AND TO BE PUBLISHED SHORTLY
SMARTER WEB COMPANY - IPO TARGETS GROSS PROCEEDS OF £15 MILLION TO £25 MILLION
SMARTER WEB COMPANY - TO ISSUE UP TO 277,777 PREFERRED SHARES AT £90 PER SHARE
SMARTER WEB COMPANY - IPO EXPECTED TO PROVIDE NET PROCEEDS OF £13.10 MILLION TO £22.70 MILLION
SMARTER WEB COMPANY - INITIAL DIVIDEND RATE SET AT 12% PER ANNUM OF £100 PER PREFERRED SHARE
SMARTER WEB COMPANY - LAUNCHES IPO OF 'MORE' PREFERRED SHARES ON LONDON STOCK EXCHANGE MAIN MARKET
Source text: ID:nRSc7895Wa
Further company coverage: SWC.L
((Reuters.Briefs@thomsonreuters.com;))
Recent news on The Smarter Web
See all newsBrief: Smarter Web Company Reports Total Drawings Under Coinbase Facility Of £16 Million
Brief: Smarter Web Company Conditionally Raises Gross Proceeds Of £10 Million
Smarter Web Company - Subscription Agreement, Warrant Exercises & TVR
Smarter Web Company - Results of Offer and Preferred Dividend timetable
Smarter Web Company - Subscription Agreement Update - £2.2m Proceeds