Business
Accelerated Bookbuild for A Minimum of £30 Million
Accelerated Bookbuild for A Minimum of £30 Million.
About this update from Smarter Web Company Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT (INCLUDING ITS APPENDIX) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN THE SMARTER WEB COMPANY PLC WHERE SUCH OFFER WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF THE DOMESTIC LAW OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED) (\"UK MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n25 June 2025\n \nThe Smarter Web Company PLC\n(\"The Smarter Web Company\" or \"Company\")\n \nAccelerated Bookbuild for A Minimum of £30 Million\n \nThe Smarter Web Company PLC is pleased to announce 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 £2.90 per share (\"Ordinary Shares\") (\"Offer Price\"). The Accelerated Bookbuild will open immediately following this announcement and the Company aims to raise a minimum of £30m.\n \nBackground and Use of Proceeds\n \nThe 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.\n \nBefore 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.\n \nThe Company has a clear strategy for growth focusing on:\n \n·  ...