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Highlights

  • The Smarter Web Company signs new Subscription Agreement for 21 million Ordinary Shares with Shard Merchant Capital Ltd.

  • Admission of new Ordinary Shares to Aquis trading expected around 9 September 2025, bringing total shares in issue to 290.6 million.

  • Subscription Agreement enables the Company to receive approximately 97% of net proceeds from any share sales by Shard.

The Smarter Web Company (AQUIS:SWC, FRA: 3M8), a London-listed technology firm, today announced the signing of a new subscription agreement for 21 million Ordinary Shares with Shard Merchant Capital Ltd. The arrangement follows the Company’s earlier June 2025 subscription agreement, which has already facilitated significant capital raising.

Admission of the new Ordinary Shares to trading on the Aquis Stock Exchange is expected to take effect at 08:00am on or around 9 September 2025, subject to customary conditions.

Terms of the Subscription Agreement
The agreement, signed on 3 September 2025, mirrors the structure of the Company’s June 2025 arrangement. Under the terms, 21 million new Ordinary Shares are issued at par value to Shard. The facility, arranged by Tennyson Securities (part of the Shard Group and the Company’s lead broker), provides that The Smarter Web Company will receive approximately 97% of the net proceeds from any subsequent sales of these shares by Shard.

Shard is permitted to place the shares under certain conditions: sales must not occur below the previous trading day’s closing bid price on Aquis and cannot exceed 20% of the trading day’s volume.

Admission and Voting Rights
Upon Admission, the Company’s issued share capital will increase to 290,556,453 Ordinary Shares of £0.001 each. These newly issued shares will be fully paid and will rank pari passu with the existing Ordinary Shares, entitling holders to dividends and other distributions declared after their issue.

This updated total share count will serve as the denominator for calculating shareholder interests under the Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency Rules.

The Company noted that the June 2025 Subscription Agreement had been successful in raising capital, with the majority of shares issued under that agreement already placed.

With Admission scheduled for 9 September 2025, the Company expects the new Ordinary Shares to begin trading alongside existing shares from that date. The Board confirmed that the agreement supports the Company’s broader objectives while providing Shard the ability to place the shares in the market under regulated conditions.