Subscription Agreement Update - £0.5m Proceeds

In brief · summary, not quotable

The Smarter Web Company PLC has successfully placed 955,000 Ordinary Shares, generating gross proceeds of £520,037, approximately £0.54 per share, with the company retaining 98.25% of these funds. The remaining unplaced shares under the Subscription Agreement total 59,020,500. The company, which offers web design, development, and online marketing services, also continues to hold treasury reserves and surplus cash in Bitcoin, acknowledging the high-risk nature and volatility associated with this unregulated cryptocurrency.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your SWC notes

The Smarter Web Company (AQUIS: SWC

OTCQB: TSWCF

FRA: 3M8) announces that 955,000 Ordinary Shares have been placed in accordance with the terms of the Subscription Agreement announced on 24 December 2025 (the "Subscription Shares").

The gross proceeds from the placing of the Subscription Shares will be £520,037 (before expenses), equivalent to approximately £0.54 per share, and the Company will receive approximately 98.25% of the proceeds as settlement. The balance of Ordinary Shares not yet placed pursuant to the Subscription Agreement is 59,020,500.

Visit our website: https://www.smarterwebcompany.co.uk

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

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