Subscription Agreement Update - £0.1m Proceeds
225,000 ordinary shares placed under existing subscription agreement for £76,306 gross proceeds.
- Shares placed 225,000
- Gross proceeds £76,306
- Price per share £0.34
- Net proceeds to company approximately 98.25% of gross
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) announces that 225,000 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 £76,306 (before expenses), equivalent to approximately £0.34 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 43,924,230.
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.