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IN BRIEF: Smarter Web raises GBP5.0 million gross from subscription

22nd Sep 2025 10:19

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.

Current stock price: 97.50 pence

12-month change: multiplied from April listing price of 2.5p

By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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