CORRECT (Jun 19): Smarter Web issues shares to Shard Merchant Capital
(Correcting references to Shard Merchant Capital and Shard Capital Management, and bitcoin price) Read More
(Correcting references to Shard Merchant Capital and Shard Capital Management, and bitcoin price) Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider - Purchases four additional bitcoin units as part of its '10 Year Plan', which includes an ongoing treasury policy to buy bitcoin. Reports an average purchase price of GBP82,763 or USD108,510 per bitcoin, for GBP331,052 in total. Smarter Web's bitcoin holdings total 2,664 units, at an average price of GBP82,858 or USD108,635 each and worth GBP220.7 million in aggregate. Says it has achieved a 1.74% quarter-to-date BTC yield on its treasury. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider with bitcoin treasury - Says it has raised GBP9.7 million through a placing of 9.7 million shares at 100 pence each. Notes that GBP8 million of this amount was via a subscription from new US institutional investor Maxim Group LLC and that this reflects its status as a bitcoin-holding UK firm. Notes that each placing share is issued with a warrant valid for 36 months at 1.50p. Says it may demand warrants be exercised if its shares trade 200% above 1.50p for 10 consecutive days in the first 12 months. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider with bitcoin treasury policy - Says 3.8 million shares have been placed in accordance with two subscription agreements. The placing has generated gross proceeds of GBP5.0 million, before expenses, equivalent to around GBP1.30 per share. The firm says it will receive 97% of the proceeds as settlement early this week. All shares from the June subscription agreement have now been placed, while 17.7 million shares are yet to be placed under the September agreement. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider with bitcoin treasury policy - Appoints cryptocurrency financial services platform, Coinbase Institutional, as one of its bitcoin custody partners, as it looks to strengthen its treasury infrastructure "in the rapidly evolving bitcoin ecosystem." Expects to gain an additional layer of resilience and security through Coinbase Prime, Coinbase Global Inc's brokerage platform. Says Coinbase Institutional will support its existing custody partners to safeguard its treasury and support efficient market access. "This multi-custodian approach reflects SWC's commitment to the highest standards of governance, risk management, and transparency for shareholders," says the company. Read More
Smarter Web Company PLC - Guildford, Surrey-based website design agency - Buys 30 bitcoin at GBP83,404.85 each for total GBP2.5 million. Values its total bitcoin holdings at GBP203.6 million as of Wednesday. Estimates that it has GBP400,000 cash in treasury for further cryptocurrency investment. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider - Raises GBP2.6 million before expenses via a placing of 2.0 million shares at around 128 pence each. Smarter Web will receive around 97% of the proceeds as settlement early this week. Read More
(Alliance News) - Smarter Web Co PLC on Thursday announced a new share subscription agreement, enabling the potential sale of up to 21 million new shares. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider with bitcoin treasury policy - Hires the former chief financial officer of CMC Markets PLC to be its own CFO. Albert Soleiman joins the company and its board immediately. The current CFO, Mario Visconti, steps down from the board immediately and will move to a new created role in the company "to help support it on its ongoing and future strategic projects". Read More
(Alliance News) - London's FTSE 100 was set to open slightly higher on Monday, following a soft UK house price reading and ahead of mortgage approvals data later in the day. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider - Raises GBP7.6 million before expenses from the placing of 3.5 million new shares at GBP2.21 under its existing subscription agreement. Will receive around 97% of the proceeds early this week. The remaining 4.5 million shares in the current tranche are yet to be placed. Expects to sign a new subscription agreement on the same terms once the current tranche is complete. Read More
Smarter Web Co PLC - Bristol, England-based web design, web development and online marketing services provider - Raises GBP5.3 million before expenses through a placing with an unnamed "well-known institutional investor", and GBP2.9 million before expenses through a subscription with an unnamed "high-net-worth individual investor" for 4.0 million new shares at 205 pence each. This brings total fundraise proceeds to GBP8.1 million. Read More
(Alliance News) - Smarter Web Co PLC on Monday announced a placing of 6.1 million new shares in the "current tranche" of its subscription fundraise. Read More
(Alliance News) - Smarter Web Co PLC on Friday reported a widened interim loss for the first half of financial 2025, but said the results do not reflect the company's current scale and progress following its listing on the Aquis Stock Exchange in April. Read More
Smarter Web Co PLC - Bristol, England-based web design agency and bitcoin investor - Raises GBP17.5 million from the sale of 5.9 million new shares at GBP2.95 each. Smarter Web had announced the equity offer after the London market close on Thursday, saying it was aiming to raise at least GBP15 million. The sale is conducted as an accelerated bookbuild to institutional investors by Tennyson Securities and Peterhouse Capital Ltd. Smarter Web now has 265.6 million shares in issue, giving it a market capitalisation of GBP783.5 million at the offer price. On Wednesday, Smarter Web said it had invested a total of GBP127.3 million into bitcoin since adopting its bitcoin treasury policy and had GBP4 million remaining to invest into bitcoin at the time. Read More
Smarter Web Co PLC - Bristol, England-based web design agency - Purchases additional bitcoin as part of its bitcoin treasury policy. Buys 325 bitcoin at an average price of GBP83,525 each, resulting in a total amount of GBP27.1 million bitcoin purchased. Smarter Web's total holding now is 1,600 bitcoin, at an average price of GBP79,534 each, totalling GBP127.3 million. Net cash available to be deployed into more bitcoin is around GBP4.0 million. Read More
Smarter Web Co PLC - Bristol, England-based web design agency - Raises GBP41.2 million from the sale of 14.2 million new shares at 290 pence each in a placing run by Tennyson Securities and Peterhouse Capital Ltd and a direct subscription. The result was in excess of the minimum of GBP30 million set by the company in announcing the offer late Wednesday. Smarter Web now has 242.5 million shares in issue, giving it a GBP703.2 million market capitalisation at the offer price. Since adopting a bitcoin treasury policy, whereby it holds some cash reserves in bitcoin, Smarter Web Co has conducted a string of equity raises, including one announced on Monday for GBP3.8 million with a "single strategic investor". That raise was at 495.00 pence per share. Smarter Web Co share price jumped from just 4.50p in April to as high as 500.00p on Friday last week, giving it a market capitalisation in excess of GBP1 billion on Aquis Stock Exchange. But it has nearly halved in price so far this week, quoted at 255.00p on Thursday morning. Read More
Smarter Web Co PLC - Bristol, England-based web design agency - Kicks off its latest equity raise after the London market close on Wednesday, commissioning Tennyson Securities and Peterhouse Capital Ltd to conduct an accelerate bookbuild with institutional investors. The offer aims to raise at least GBP30 million at an issue price of 290 pence per share. Since adopting a bitcoin treasury policy, whereby it holds some cash reserves in bitcoin, Smarter Web Co has conducted a string of equity raises, including one announced on Monday for GBP3.8 million with a "single strategic investor". That raise was at 495.00 pence per share. Smarter Web Co share price jumped from just 4.50p in April to as high as 500.00p on Friday last week, giving it a market capitalisation in excess of GBP1 billion on Aquis Stock Exchange. But it has fallen by more than 40% so far this week to close at 292.50p on Wednesday. Read More
(Alliance News) - A string of London listings are seeking to emulate US examples and Aquis-listed Smarter Web Co PLC by adopting a bitcoin treasury policy, whereby they hold reserves in the cryptocurrency, rather than cash. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News: Read More