[The Smarter Web Company Allocates 955,000 Ordinary Shares According to Subscription Agreement Terms] Odaily Planet Daily News – The London-listed tech company, The Smarter Web Company, has allocated 955,000 ordinary shares according to the terms of a subscription agreement. The total proceeds from the subscription of these shares amount to £520,037 (before expenses), equivalent to approximately £0.54 per share. The company will receive about 98.25% of the proceeds as settlement. The remaining balance of ordinary shares not yet allocated under the subscription agreement is 59,020,500 shares.