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Accelerated Bookbuild for A Minimum of £15 Million

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Accelerated bookbuild announced to raise minimum of £15 million at £2.95 per share.

  • Offer Price £2.95 per share
  • Minimum fundraise £15 million
Full announcement

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The Smarter Web Company PLC is pleased to announce a placing of the Company's shares by Tennyson Securities and Peterhouse Capital Limited to institutional investors ("Accelerated Bookbuild" or "Placing") through the issue of new ordinary shares of £0.001 each at £2.95 per share ("Ordinary Shares") ("Offer Price"). The Accelerated Bookbuild will open immediately following this announcement and the Company aims to raise a minimum of £15m.

Background and Use of Proceeds

The Company has a clear strategy for growth focusing on:

  • 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 supporting Bitcoin Treasury Policy

Accelerated Bookbuild

The Accelerated Bookbuild will open immediately following this announcement. The Accelerated Bookbuild will close at 21:00 on 17 July 2025. Institutional investors should contact Tennyson Securities or Peterhouse Capital Limited to take part. The result of the Accelerated Bookbuild is expected to be announced by the Company on 18 July 2025, at approximately 07:00.

The Accelerated Bookbuild is conditional on the new Ordinary Shares being admitted to trading on the Access Segment of the Aquis Stock Exchange Growth Market ("Admission"). It is anticipated that Admission will become effective and that dealings in the new Ordinary Shares will commence on Aquis, at 08:00 on 23 July 2025.

The Smarter Web Company CEO Andrew Webley+44 (0) 117 313 0459
Tennyson Securities Lead Broker Peter Krens+44(0) 207 186 9030
Peterhouse Capital Limited Aquis Stock Exchange Corporate Adviser Guy Miller Aquis Stock Exchange Corporate Broker Lucy Williams / Duncan Vasey+44 (0) 207 469 0930

Further information on the Company can be found on its website at www.smarterwebcompany.co.uk

The Company's LEI is 213800VQO9FUG4PZMP73.

The directors of the Company accept responsibility for the contents of this announcement.

Appendix

Details of the Placing Agreement and the Placing Shares

Application for admission to trading on Aquis

An application will be made to the Aquis Stock Exchange Growth Market for admission to trading on Access Segment of the AQSE Growth Market of the Placing Shares ("Application"). It is expected that settlement of the Placing Shares and admission of those Ordinary Shares ("Admission") will become effective at 8.00 a.m. on 23 July 2025 and that dealings in the Placing Shares will commence at that time.

Placing

The principal terms of the Placing are as follows:

  • The timing of the closing of the Placing will be at the discretion of the Brokers.

Conditions of the Placing

  • the delivery of placing deliverables to the Brokers;
  • the date of Placing Agreement; and
  • the closing of the Placing ("Closing Date"),
  • the Placing Shares having been allotted, subject only to Admission;
  • the obligations of the Brokers not having been terminated under the Placing Agreement;
  • Admission having become effective by the Closing Date.

Right to terminate the Placing Agreement

  • Peterhouse or Tennyson are of the reasonable opinion (acting in good faith) that:
  • in the reasonable opinion of Peterhouse and/or Tennyson (acting in good faith), any:
  • outbreak, declaration or escalation of hostilities; or

No Admission Document or Prospectus

Registration and Settlement

Representations, Warranties and Further Terms

  • that time shall be of the essence as regards obligations pursuant to this Appendix;

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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