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The Smarter Web Company Raises £41.2 Million Through New Share Placement
Summary: In a recent announcement, the UK-listed company The Smarter Web Company disclosed that it has successfully completed a placement activity for institutional investors through Tennyson Securities and Peterhouse Capital Limited. The placement and subscription activities involved issuing a total of 14,221,623 new ordinary shares with a face value of £0.001 per share at a price ...
In a recent announcement, the UK-listed company The Smarter Web Company disclosed that it has successfully completed a placement activity for institutional investors through Tennyson Securities and Peterhouse Capital Limited. The placement and subscription activities involved issuing a total of 14,221,623 new ordinary shares with a face value of £0.001 per share at a price of £2.90 per share, raising approximately £41.2 million (before expenses). The listing of the new ordinary shares is expected to take effect around 08:00 on or around July 1, 2025.
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