The Smarter Web Company Allocates Shares Under Subscription Agreement

According to Foresight News, The Smarter Web Company has allocated 3,265,000 ordinary shares under the terms of a subscription agreement. The total proceeds from this allocation amount to £1,673,092 before expenses, equating to approximately £0.51 per share. The company is set to receive about 98.25% of the proceeds upon settlement. The remaining balance of ordinary shares not yet allocated under the subscription agreement stands at 59,975,500 shares.