Business
WRAP Retail Offer & Accelerated Bookbuild
WRAP Retail Offer & Accelerated Bookbuild.
About this update from Smarter Web Company Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED) (\"UK MAR\").\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, 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.\n \nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY SHARD CAPITAL PARTNERS LLP T/A TENNYSON SECURITIES WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 538762).\n \n14 May 2025\n \nThe Smarter Web Company PLC\n(\"The Smarter Web Company\" or \"Company\")\n \nWRAP Retail Offer & Accelerated Bookbuild\n \nThe 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.\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· Organic growth opportunities around existing, established services\n· An acquisition strategy intended to accelerate scale\n· &nbs...