The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8) is pleased to announce the successful completion of an Accelerated Bookbuild (“Bookbuild”) to institutional investors through Tennyson Securities and Peterhouse Capital Limited. With a high level of demand the Bookbuild has raised £17,543,942 (before expenses), through the issue of a total of 5,947,099 new ordinary shares of £0.001 each ("Ordinary Shares") at £2.95 per share (“Offer Price”). The Offer Price was at the closing bid price on 17 July 2025. It is expected that Admission of the new Ordinary Shares will become effective at 08:00, on or around 23 July 2025. The Bookbuild is conditional upon, among other things, Admission becoming effective.
The Bookbuild Ordinary Shares, when issued, will be fully paid and will rank pari passu in all respects with each other and with the existing Ordinary Shares of the Company, including, without limitation, the right to receive all dividends and other distributions declared, made or paid after the date of issue.
Total Voting Rights
Following Admission, the total number of Ordinary Shares in issue in The Smarter Web Company will be 265,596,547 ordinary shares of £0.001 each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
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