The Smarter Web Company PLC is pleased to announce a retail investor offer via the Winterflood Retail Access Platform (“WRAP Retail Offer") and a placing of the Company’s shares by Tennyson Securities and Peterhouse Capital Limited to institutional investors (“Accelerated Bookbuild” or “Placing”) through the issue of new ordinary shares of £0.001 each at £0.27 per share ("Ordinary Shares") (“Offer Price”). The WRAP Retail Offer and Accelerated Bookbuild will open immediately following this announcement.
Background and Use of Proceeds
The Smarter Web Company, founded in 2009 by Andrew Webley, helps businesses of all sizes enhance their online presence and return on digital investment. Its core services include web design, development and digital marketing.
Before founding The Smarter Web Company, Andrew Webley was the Head of Online at Hargreaves Lansdown, one of the UK's most successful financial services companies. The Company has a clear strategy for growth focusing on:
- Organic growth opportunities around existing, established services
- An acquisition strategy intended to accelerate scale
- As the Company explores opportunities through organic growth and corporate acquisitions it is pioneering the adoption of a Digital Asset Treasury Policy including Bitcoin into its strategy Please also see “The 10 Year Plan” announced by the Company via regulatory news at 07:00 on 28 April 2025 and available on the Company website.
The WRAP Retail Offer
The Company values retail shareholders and believes that it is appropriate to provide both new and existing retail shareholders in the United Kingdom the opportunity to participate in the WRAP Retail Offer.
Therefore, the Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom, being new or existing shareholders of The Smarter Web Company, following release of this announcement and through certain financial intermediaries.
A number of retail platforms are able to access the WRAP Retail Offer. Non-holders or existing shareholders wishing to subscribe for WRAP Retail Offer Shares should contact their broker or wealth manager who will confirm if they are participating in the WRAP Retail Offer. The WRAP Retail Offer will open immediately following this announcement. The WRAP Retail Offer will close at 21:00 on 14 May 2025. Eligible investors are encouraged to participate early, as financial intermediaries may impose earlier deadlines, and the Company also reserves the right to close the offer earlier. The result of the WRAP Retail Offer is expected to be announced by the Company on 15 May 2025 shortly after 07:00.