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Pin to quick picksThe Smarter Web Regulatory News (SWC)

Share Price Information for The Smarter Web (SWC)

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30.00    2.055 (7.35%)
Bid:
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Spread: 1.62 (5.609%)
Market Cap: £111.59m
SWC Live PriceLast checked at - London Stock Exchange

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Subscription Agreement Update - £1.5m Proceeds

20 Apr 2026 07:00

RNS Number : 0086B
Smarter Web Company PLC (The)
20 April 2026
 

20 April 2026

 

The Smarter Web Company PLC

("The Smarter Web Company" or the "Company")

Subscription Agreement Update - £1.5m Gross Proceeds

 

The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) announces that 4,286,410 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 £1,537,376 (before expenses), equivalent to approximately £0.36 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 52,377,540.

 

Enquiries:

The Smarter Web Company

CEO / Head of Capital Markets

Andrew Webley / Jamie Knowles

+44 (0) 117 313 0459

Tennyson Securities

Lead Broker

Peter Krens

 

+44 (0) 207 186 9030

Strand Hanson Limited

Financial Adviser

James Bellman / Abigail Wennington

+44 (0) 207 409 3494

 

About The Smarter Web Company:

The Smarter Web Company offers web design, web development and online marketing services. Clients pay an initial fee, an annual hosting charge and an optional monthly marketing charge. Growth opportunities exist for The Smarter Web Company around these existing services.

In addition to organic growth, the Company will progress an acquisition strategy targeting other businesses with a view to growing its number of clients and / or recurring revenue. The Smarter Web Company will only make acquisitions where the Directors believe the timing and opportunity is appropriate.

Since 2022, The Smarter Web Company has adopted a policy of accepting payment in Bitcoin. The Company believes that Bitcoin forms a core part of the future of the global financial system and as the Company explores opportunities through organic growth and corporate acquisitions is pioneering the adoption of a Bitcoin Treasury Policy 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.

Visit our website: https://www.smarterwebcompany.co.uk

Follow us on X: https://x.com/smarterwebuk

The Directors of the Company accept responsibility for the contents of this announcement.

 

Important Notice:

The Smarter Web Company Plc holds treasury reserves and surplus cash in Bitcoin. Bitcoin is a type of cryptocurrency or cryptoasset. Whilst the Board of Directors of the Company considers holding Bitcoin to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in Bitcoin to be high risk. An investment in the Company is not an investment in Bitcoin, either directly or by proxy. However, the Board of Directors of the Company consider Bitcoin to be an appropriate store of value and growth for the Company's reserves and, accordingly, the Company is materially exposed to Bitcoin. Such an approach is innovative, and the Board of Directors of the Company wish to be clear and transparent with prospective and actual investors in the Company on the Company's position in this regard.

The Company is neither authorised nor regulated in the conduct of its business by the FCA. And there is currently limited regulation of cryptocurrencies (such as Bitcoin) in the UK. As with most other investments, the value of Bitcoin can go down as well as up, and therefore the value of the Company's Bitcoin holdings can fluctuate. The Company may not be able to realise its Bitcoin exposure for the same as it paid in the first place or even for the value the Company ascribes to its Bitcoin positions due to these market movements. An investment in the Company is not protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

Nevertheless, the Board of Directors of the Company has taken the decision to invest in Bitcoin, and in doing so is mindful of the special risks Bitcoin presents to the Company's financial position. These risks include (but are not limited to): (i) the value of Bitcoin can be highly volatile, with value dropping as quickly as it can rise. Investors in Bitcoin must be prepared to lose all money invested in Bitcoin; (ii) the Bitcoin market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to buy or sell its Bitcoin at will. The ability to buy or sell Bitcoin depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. The Board of Directors of the Company does not subscribe to such a negative view, especially in relation to Bitcoin. However, prospective investors in the Company are encouraged to do your own research before investing.

This information is 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. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
15th Jun 20267:00 amRNSSubscription Agreement Update - £0.3m Proceeds
8th Jun 20267:00 amRNSSubscription Agreement Update - £0.1m Proceeds
4th Jun 20266:25 pmRNSHolding(s) in Company
4th Jun 20266:24 pmRNSHolding(s) in Company
1st Jun 20262:40 pmRNSProposed Capital Reduction and Notice of GM
1st Jun 20267:00 amRNSWarrants, TVR & Admission of Further Securities
29th May 20267:00 amRNSBitcoin Purchase
26th May 20267:00 amRNSBitcoin Purchase
21st May 20267:00 amRNSBitcoin Purchase
18th May 20267:00 amRNSHead of Marketing Appointment
15th May 20267:00 amRNSBitcoin Purchase
12th May 20267:00 amRNSBitcoin Purchase
11th May 20267:00 amRNSSubscription Agreement Update - £0.9m Proceeds
7th May 20267:00 amRNSDirect Subscription - £502,034 Proceeds
5th May 20267:00 amRNSBitcoin Purchase and Subscription Agreement Update
1st May 20267:00 amRNSPDMR/Director Dealing
29th Apr 20267:00 amRNSBitcoin Purchase
28th Apr 20267:00 amRNSLong Term Incentive Plan - Grant of Awards
27th Apr 20267:00 amRNSGroup Financial Controller Appointment
24th Apr 20267:00 amRNSBitcoin Purchase
23rd Apr 20267:00 amRNSBlock Admission Application
20th Apr 20267:00 amRNSSubscription Agreement Update - £1.5m Proceeds
14th Apr 20267:00 amRNSBitcoin Purchase
9th Apr 20267:00 amRNSExisting Warrants-Voluntary Purchase Offer Results
8th Apr 20267:00 amRNSExisting Warrants - Voluntary Purchase Offer
2nd Apr 20267:00 amRNSQuarterly Investor Update
1st Apr 20267:00 amRNSTotal Voting Rights
27th Mar 20265:38 pmRNSHolding(s) in Company
23rd Mar 20267:00 amRNSHead Of Capital Markets Appointment & TVR Update
20th Mar 20267:00 amRNSBoard Change
19th Mar 20263:33 pmRNSResult of AGM
16th Mar 20267:00 amRNSExisting Warrants-Voluntary Purchase Offer Results
16th Mar 20267:00 amRNSExisting Warrants-Voluntary Purchase Offer Results
12th Mar 20267:00 amRNSExisting Warrants - Voluntary Purchase Offer
12th Mar 20267:00 amRNSExisting Warrants - Voluntary Purchase Offer
10th Mar 20267:00 amRNSBitcoin Purchase
9th Mar 20267:00 amRNSSubscription Agreement Update - £0.1m Proceeds
4th Mar 20266:10 pmRNSFTSE UK Index Series Inclusion
2nd Mar 20265:30 pmRNSTotal Voting Rights
2nd Mar 20267:00 amRNSBitcoin Purchase
26th Feb 20266:25 pmRNSHolding(s) in Company
24th Feb 20267:00 amRNSStrategic Credit Facility Established w/ Coinbase
23rd Feb 20267:00 amRNSSubscription Agreement Update - £26,745 Proceeds
23rd Feb 20267:00 amRNSAcquisition: Web Design & Digital Marketing Agency
20th Feb 20267:00 amRNSFY25 Results, AGM Notice & Investor Presentation
16th Feb 20267:00 amRNSSubscription Agreement Update - £0.2m Proceeds
11th Feb 20267:00 amRNSBitcoin Purchase
9th Feb 20267:00 amRNSSubscription Agreement Update - £0.5m Proceeds
3rd Feb 20267:00 amRNSFirst Day of Dealings
28th Mar 20228:04 amRNSFirst Day of Dealings
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