Smarter Web Company aims to raise £8m through share offer

LONDON - The Smarter Web Company PLC, a UK-based digital services provider, has launched a combined retail investor offer and accelerated bookbuild with the intention of raising a minimum of £8 million. This capital raise, announced today, involves the issuance of new ordinary shares priced at £0.81 each.

The offering comprises a retail investor offer via the Winterflood Retail Access Platform (WRAP Retail Offer) and a placement to institutional investors (Accelerated Bookbuild), both of which opened immediately following the announcement. Due to previous successful fundraises, the WRAP Retail Offer is capped at approximately £400,000, with the potential for applications to be scaled back.

The company, led by CEO Andrew Webley, has outlined a growth strategy that includes organic development, an acquisition strategy to accelerate scale, and the pioneering adoption of a Bitcoin Treasury Policy. Webley, before founding The Smarter Web Company in 2009, served as the Head of Online at Hargreaves (LON:HRGV) Lansdown.

Qualified investors interested in the Accelerated Bookbuild may receive a higher allocation by instructing their broker to contact Tennyson Securities or Peterhouse Capital Limited. The company is also exploring alternative solutions to enable broader retail investor participation in future fundraises.

The funds raised are earmarked for advancing the company’s growth strategy, which involves enhancing businesses’ online presence and return on digital investment through services such as web design, development, and digital marketing.

The retail offer is available to eligible investors in the United Kingdom (TADAWUL:4280) and will close at 21:00 on the day of the announcement. The results of the WRAP Retail Offer are expected to be announced the following day shortly after 07:00. The retail offer and the Accelerated Bookbuild are conditional upon new ordinary shares being admitted to trading on the Access Segment of the Aquis Stock Exchange Growth Market, with trading anticipated to commence on June 10, 2025.

Investors are cautioned that an investment in The Smarter Web Company carries risks, including the possibility of losing the entire investment. The company’s shares are not protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme, as cryptocurrencies like Bitcoin are unregulated in the UK and considered high risk by the Financial Conduct Authority.

This fundraising initiative is based on a press release statement and represents a significant step in The Smarter Web Company’s strategic growth plan.

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