The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) announces that, further to the announcements made by the Company on 1 June 2026, 17 June 2026 and 15 July 2026, the reduction by the Company of its share premium account by £210,000,000 (the "Capital Reduction") is now effective. This follows the delivery of the Court order and accompanying statement of capital to the Registrar of Companies on 15 July 2026, and the registration of those documents by the Registrar of Companies today. The Capital Reduction therefore became effective today.
Further details of the Capital Reduction are included in the Company’s circular dated 1 June 2026 (the "Circular"), which can be found on the Company's website at: https://www.smarterwebcompany.co.uk/. Terms used but not defined in this announcement have the meaning given to them in the Circular.
Provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. Reproduced from the company's published announcement; contact details and standard disclaimers omitted, see the official PDF for the complete text.