Warrants, TVR & Admission of Further Securities
The Smarter Web Company PLC has announced the exercise of 18,762,603 warrants at £0.025 per share, raising gross proceeds of £469,065 and issuing an equal number of ordinary shares. Following this, 35,303,732 warrants remain outstanding, with a significant portion held by the CEO and other company personnel. The company now has 371,965,705 ordinary shares in issue, each carrying one vote, and these newly issued shares are fully fungible with existing ordinary shares, admitted to trading on the London Stock Exchange's Main Market.
Select text to share a quote on X · sign in to keep highlights & notes in your SWC notes
| The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) announce the following exercise of warrants. |
A total of 18,762,603 warrants have been exercised at £0.025 per share, with the first exercises completed on 24 April 2026, resulting in gross proceeds of £469,065. Accordingly, 18,762,603 ordinary shares of £0.001 nominal value each (the "Ordinary Shares") have been issued pursuant to the warrant exercises.
Following this exercise, 35,303,732 warrants remain outstanding, each with an exercise price of £0.025 per share. Of the total number of warrants outstanding, 25,778,732 are held by Andrew Webley, Chief Executive Officer of the Company, and his spouse, with a further 1,450,000 warrants held by directors and employees of the Company.
Total Voting Rights
The above figure of 371,965,705 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Notification of Admission of Further Securities to Trading (PRM 1.6.4R)
| 1 | Details of the issuer | |
| a) | Name | The Smarter Web Company plc |
| b) | LEI | 213800VQO9FUG4PZMP73 |
| 2 | Details of the transferable securities admitted to trading | |
| a) | Name, type and identification code | Ordinary Shares of £0.001 each ISIN: GB00BPJHZ015 |
| b) | Regulated market | London Stock Exchange - Main Market |
| c) | Number of further securities issued and admitted | 18,762,603 |
| d) | Total number of securities in issue following admission | 371,965,705 |
| e) | Fungibility | Fully fungible with existing Ordinary Shares |
| 3 | Admission details | |
| a) | Date of admission | Issued between 24 April 2026 to 30 May 2026 (admitted under a block admission dated 24 April 2026) |
| b) | Prospectus information | N/A |
| c) | Coverage of notification | Admission to trading on the Main Market of the London Stock Exchange of shares issued pursuant to the exercise of the Company's Pre-IPO Warrants during the period 24 April 2026 to 30 May 2026, under the Company's block admission dated 24 April 2026. |
Visit our website: https://www.smarterwebcompany.co.uk
Follow us on X: https://x.com/smarterwebuk
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.