Subscription Agreement Update - £0.1m Proceeds

In brief · summary, not quotable

The Smarter Web Company PLC has announced an update to its Subscription Agreement, placing 170,135 Ordinary Shares for gross proceeds of £62,793, or approximately £0.37 per share, with the company receiving 98.25% of these proceeds. The remaining unplaced shares under the agreement total 56,663,950. The company's business involves web design, development, and online marketing, with a strategy for organic growth and acquisitions, and notably holds treasury reserves and surplus cash in Bitcoin, acknowledging the high risk associated with this cryptocurrency.

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The Smarter Web Company (LSE: SWC

OTCQB: TSWCF

FRA: 3M8) announces that 170,135 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 £62,793 (before expenses), equivalent to approximately £0.37 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 56,663,950.

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.