NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN. 25 April 2025 Uranium Energy Exploration PLC to be renamed ("The Company")
First Day of Dealings, Name Change, Result of WRAP Retail Offer, Placing and Subscription The Company is pleased to announce that admission of its ordinary shares of £0.001 each ("Ordinary Shares") to trading on the Aquis Stock Exchange will take place today at 8.00 a.m. ("Admission"), under the ticker “SWC” and ISIN number GB00BPJHZ015.
Admission follows the successful completion of a fundraising of in excess of £1m (before expenses) through a retail offer, placing and subscription of new Ordinary Shares at 2.5p per Ordinary Share ("IPO Issue Price"). In January 2025, the Company also raised approximately £1.1m as detailed in the Aquis Stock Exchange Admission Document (“Admission Document”). Andrew Webley, founder of The Smarter Web Company, has invested £40,000 in the fundraising at the IPO Issue Price. The total funds raised during 2025 are approximately £2.1m (before expenses).
As detailed in the Admission Document, the Company is changing its name to The Smarter Web Company PLC. The name change will be submitted to Companies House today and is expected to be processed imminently. Until the name change is complete, the Company’s Ordinary shares will trade under the name Uranium Energy Exploration PLC. A further announcement will be made to confirm the name change.
The Smarter Web Company – Key Highlights
- Established and scalable digital services business
- Organic growth opportunities around existing, established services
- An acquisition strategy intended to accelerate scale