16th Jun 2025 09:43
Smarter Web Co PLC - Surrey, England-based provider of web design that is building bitcoin treasury - Raises GBP29.3 million from the sale of 16.3 million new shares at GBP1.80. Smarter Web had announced the equity raise after the London market close on Friday. It had aimed to raise at least GBP15 million but said it received a "high level of demand". Of the total, GBP1.5 million was raised from a direct subscription of share from the company, while GBP27.8 million came from an accelerated bookbuild with institutional investors run by Tennyson Securities and Peterhouse Capital Ltd.
Current stock price: 232.50 pence, up 27% on AQSE in London on Monday
12-month change: up from April 25 listing price of 2.5p
By Tom Waite, Alliance News editor
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