The Smarter Web Company placed 955,000 ordinary shares in accordance with the terms of the subscription agreement.

London-listed technology company The Smarter Web Company placed 955,000 ordinary shares under the terms of the subscription agreement. The total proceeds from the placement amounted to £520,037 (before fees), equivalent to approximately £0.54 per share, and the company will receive approximately 98.25% of the proceeds as settlement. The remaining outstanding ordinary shares under the subscription agreement are 59,020,500.