LONDON - The Smarter Web Company PLC, a UK-based digital services provider, has initiated a retail investor offer through the Winterflood Retail Access Platform (WRAP) and an accelerated bookbuild to place new ordinary shares at £0.16 each. The offering and placement, which opened immediately following the company’s announcement today, aim to support the firm’s growth strategy and adoption of a Digital Asset Treasury Policy that includes Bitcoin.
Founded in 2009 by Andrew Webley, former Head of Online at Hargreaves (LON:HRGV) Lansdown, The Smarter Web Company offers web design, development, and digital marketing services. The company has been exploring growth through organic means and acquisitions, as detailed in their "The 10 Year Plan" released on April 28, 2025.
The WRAP Retail Offer is specifically targeted at UK-based retail investors, both existing and new shareholders, with a minimum subscription of £500 per investor. The offer is set to close at 21:00 on the day of the announcement, with the right to close earlier. The results will be announced the following day, May 08, 2025.
In parallel, the Accelerated Bookbuild is directed at institutional investors, with Tennyson Securities and Peterhouse Capital Limited overseeing the placement. The bookbuild will also conclude at 21:00 on the announcement day, with results to be disclosed the next morning.
Both the WRAP Retail Offer and the Accelerated Bookbuild are conditional upon the new ordinary shares being admitted to trading on the Aquis Stock Exchange Growth Market, with trading anticipated to commence on May 13, 2025.
The company has cautioned that investing in the shares involves risks, including the potential loss of the entire investment. Investors are advised to conduct their own due diligence and seek independent advice if necessary.
This financial promotion has been approved by Shard Capital Partners (WA:CPAP) LLP, trading as Tennyson Securities, which is authorized and regulated by the Financial Conduct Authority.
The announcement is based on a press release statement and has not been independently verified.
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