Business
Subscription Agreement Update - £0.2m Proceeds
The Smarter Web Company PLC has updated its Subscription Agreement, placing 510,368 Ordinary Shares for gross proceeds of £191,754, approximately £0.38 per share, with the company receiving 98.25% of the proceeds. The remaining unplaced shares under the agreement total 56,909,085. Disclaimer*
About this update from Smarter Web Company Plc
[{"type":"text","content":"\n\n16 February 2026\n \nThe Smarter Web Company PLC\n(\"The Smarter Web Company\" or the \"Company\")\nSubscription Agreement Update - £0.2m Gross Proceeds\n \nThe Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) announces that 510,368 Ordinary Shares have been placed in accordance with the terms of the Subscription Agreement announced on 24 December 2025 (the \"Subscription Shares\").\nThe gross proceeds from the placing of the Subscription Shares will be £191,754 (before expenses), equivalent to approximately £0.38 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 56,909,085.\n \nEnquiries:\n\n\n\n\nThe Smarter Web Company\nCEO\nAndrew Webley\n \n\n\n+44 (0) 117 313 0459\n\n\n\n\nTennyson Securities\nLead Broker\nPeter Krens\n \n\n\n+44 (0) 207 186 9030\n\n\n\n\nStrand Hanson Limited\nFinancial Adviser\nJames Bellman / Abigail Wennington\n\n\n+44 (0) 207 409 3494\n\n\n\n\n \nAbout The Smarter Web Company:\nThe 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.\nIn 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.\nSince 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.\nPlease 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.\nVisit our website: https://www.smarterwebcompany.co.uk\nFollow us on X: https://x.com/smarterwebuk\nThe Directors of the Company accept responsibility for the contents of this announcement.\n \n...