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On 20 February 2026, Nakamoto Inc. acquired indirect control over 39,000,000 ordinary shares of The Smarter Web Company Plc. This occurred through Nakamoto Inc.'s acquisition of 100% of UTXO Management GP, LLC, which manages the shareholder 210k Capital, LP. This holding represents 11.14% of the total voting rights in The Smarter Web Company Plc, and the issuer was notified on 03 June 2026.
| Date | 4 Jun 2026 |
| Time | 18:24:23 |
| Category | Holding(s) in company |
| ID | 1032H |
TR-1: Standard form for notification of major holdings
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NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i |
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: |
The Smarter Web Company Plc |
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1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
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Non-UK issuer |
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2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify) iii: |
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3. Details of person subject to the notification obligation iv |
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Name |
Nakamoto Inc. |
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City and country of registered office (if applicable) |
Nashville, United States |
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4. Full name of shareholder(s) (if different from 3.) v |
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Name |
210k Capital, LP |
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City and country of registered office (if applicable) |
Dover, United States |
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5. Date on which the threshold was crossed or reached vi: |
20/02/2026 |
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6. Date on which issuer notified (DD/MM/YYYY): |
03/06/2026 |
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7. Total positions of person(s) subject to the notification obligation |
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% of voting rights attached to shares (total of 8. A) |
% of voting rights through financial instruments |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer (8.A + 8.B) vii |
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Resulting situation on the date on which threshold was crossed or reached |
11.14 |
- |
11.14 |
39,000,000 |
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Position of previous notification (if applicable) |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii |
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A: Voting rights attached to shares |
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Class/type of ISIN code (if possible) |
Number of voting rights ix |
% of voting rights |
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Direct (DTR5.1) |
Indirect (DTR5.2.1) |
Direct (DTR5.1) |
Indirect (DTR5.2.1) |
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Ordinary shares GB00BPJHZ015 |
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39,000,000 |
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11.14 |
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SUBTOTAL 8. A |
39,000,000 |
11.14 |
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B 1: Financial Instruments according to DTR5.3.1R (1) (a) |
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Type of financial instrument |
Expiration |
Exercise/ |
Number of voting rights that may be acquired if the instrument is exercised/converted. |
% of voting rights |
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SUBTOTAL 8. B 1 |
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B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) |
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Type of financial instrument |
Expiration |
Exercise/ |
Physical or cash Settlement xii |
Number of voting rights |
% of voting rights |
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SUBTOTAL 8.B.2 |
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") |
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Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii |
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Full chain of controlled undertakings through which the voting rights and/or the |
X |
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Name xv |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
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Nakamoto Inc. (Nasdaq: NAKA) - ultimate parent |
11.14 |
- |
11.14 |
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UTXO Management GP, LLC |
11.14 |
- |
11.14 |
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210k Capital, LP |
11.14 |
- |
11.14 |
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10. In case of proxy voting, please identify: |
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Name of the proxy holder |
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The number and % of voting rights held |
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The date until which the voting rights will be held |
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11. Additional information xvi |
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On 20 February 2026, Nakamoto Inc. (Nasdaq: NAKA) acquired 100% of the membership interests in UTXO Management GP, LLC, a Tennessee limited liability company. UTXO Management GP, LLC is the general partner and investment manager of 210k Capital, LP and has control over the business and discretion over the fund's portfolio. As a result of the acquisition, Nakamoto Inc. acquired indirect control of the 39,000,000 ordinary shares of The Smarter Web Company Plc held by 210k Capital, LP. There has been no change to the number of shares held by 210k Capital, LP. |
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Place of completion |
NASHVILLE, UNITED STATES |
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Date of completion |
03/06/2026 |