Bitcoin Purchase and Subscription Agreement Update

Bought 27 BTC at an average £56,799 (£1.53m). Holdings now 2,805 BTC. Quarter-to-Date BTC Yield 13.98%. Coinbase facility drawn: £15.00m. ATM: 310,000 shares placed for £117,900 (~38p); 52,067,540 remain unsold.

The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) announces the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. Details are as follows:

Number of Bitcoin Purchased: 27 Bitcoin
Average Purchase Price: £56,799 per Bitcoin ($77,087 per Bitcoin)
Amount Purchased: £1,533,569
Total Bitcoin Holdings: 2,805 Bitcoin
Total Average Purchase Price: £81,544 per Bitcoin ($110,672 per Bitcoin)
Total Amount Purchased: £228,732,074
The Company has achieved a Quarter-to-Date BTC Yield* of 13.98% on its treasury

* As defined below

Coinbase Strategic Credit Facility

Following the Bitcoin purchase announced today, total drawings under the facility are £15,000,000, representing an approximate leverage ratio of 10.15%. The Company will continue to provide updates on any material drawdowns or repayments in future regulatory announcements.

The terms of the facility with Coinbase remain unchanged. The loan is secured against the Company’s existing Bitcoin holdings, carries a competitive variable interest rate of between 6.75% to 7.25%, and is repayable without additional charges at the Company’s discretion.

Unsold ATM shares

52,067,540

Coinbase credit facility

Facility drawn

£15,000,000

Leverage ratio10.15%

Extracted automatically from the announcement. Always check the official PDF.

Subscription Agreement Update - £0.1m Gross Proceeds

The Company also announces that 310,000 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 £117,900 (before expenses), equivalent to approximately £0.38 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 52,067,540.

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.