Smarter Web Company launches retail offer and bookbuild

LONDON - The Smarter Web Company PLC, a UK-based firm specializing in web design, development, and digital marketing, has initiated a retail investor offer and an accelerated bookbuild. The company is offering new ordinary shares at £0.27 each, with the process opening immediately following the announcement made today, Wednesday.

The Smarter Web Company, established in 2009 by Andrew Webley, a former Head of Online at Hargreaves (LON:HRGV) Lansdown, aims to enhance businesses’ online presence and digital ROI. The firm has outlined a growth strategy that includes organic growth, an acquisition strategy for scaling, and the pioneering adoption of a Digital Asset Treasury Policy that integrates Bitcoin.

The retail offer, conducted via the Winterflood Retail Access Platform (WRAP), and the accelerated bookbuild, managed by Tennyson Securities and Peterhouse Capital Limited, are designed to provide UK retail shareholders with the opportunity to participate. The offer is open to eligible investors, with a minimum subscription of £500 per investor. The closing time for the offer is set for 21:00 on the day of the announcement, with the right to close early if deemed necessary.

The results of the WRAP Retail Offer are expected to be announced the following day. Retail brokers and investors interested in participating are advised to contact their respective brokers or wealth managers for access to the offer.

The company has emphasized that investing in the shares carries risks, including the potential loss of the entire investment. It has also stated that past performance is not indicative of future results and that the value of investments can fluctuate.

The offer is being made in the UK as an exempt offer to the public under sections 86(1)(e) and 86(4) of the Financial Services and Markets Act 2000 (FSMA), with no requirement to publish a prospectus under UK law. The offer is not available in jurisdictions where it would be unlawful to do so.

The new ordinary shares are set to be admitted to trading on the Access Segment of the Aquis Stock Exchange Growth Market, with trading expected to commence at 08:00 on May 20, 2025.

This announcement is based on a press release statement and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.