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Smarter Web Co PLC started trading on the Aquis Stock Exchange in London on Friday, having changed its name and raised an additional £1 million. The Surrey, England-based provider of web design, web development and online marketing services said it changed its name from Uranium Energy Exploration PLC as part of the initial public offering. Last week, Uranium Energy Exploration said it agreed to buy Smarter Web Co Ltd, which was founded by Smarter Web Chief Executive Officer Andrew Webley in 2009. Smarter Web said it raised £1 million at 2.5 pence per share in a retail offer, placing and subscription. No trades of the stock were reported by AQSE on Friday morning. The company has a market capitalisation of £3.7 million at the IPO price. Smarter Web CEO Webley said: ‘I am very proud of the business that we have built over the last 15 years and today sees a milestone met with admission to the Aquis Stock Exchange. As we explore further opportunities through organic growth and corporate acquisitions, we are also pioneering the adoption of a digital asset treasury policy, including bitcoin, into our strategy. We are confident that this business model will return substantial returns to shareholders.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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