Smarter Web Company’s Ambitious £15M Share Placing Ignites Growth Potential

Key Points

1. SWC announced an accelerated bookbuild to raise a minimum of £15 million, with new ordinary shares priced at £2.95 each.

2. Tennyson Securities and Peterhouse Capital Limited are acting as joint bookrunners for the share placing.

3. The web development sector is highlighted as a hot investment area due to increasing demand for sophisticated, user-centric web solutions.

4. Institutional investors are key to this transaction, looking for strong management, scalable business models, market opportunities, and solid financial performance.

5. The raised capital will support SWC's expansion plans, including scaling operations, enhancing service offerings, and potentially expanding its global footprint.