The Smarter Web Company allocates 187,000 shares of common stock according to the terms of the subscription agreement

The London-listed technology company The Smarter Web Company has allocated 187,000 ordinary shares according to the terms of the subscription agreement. The total amount raised from this share allocation is £82,170 (before expenses), equivalent to approximately £0.44 per share, and the company will receive about 98.25% of the funds as settlement. The remaining ordinary shares not yet allocated under the subscription agreement amount to 58,833,500 shares.