4 July
2023
Quantum Blockchain Technologies
Plc
(“the Company”)
Rollover of
Director’s REPO
Following previous announcements made by the Company regarding
the rollover of the Sale & Repurchase Agreement (the “REPO”)
entered into between the Company’s CEO and Executive Chairman,
Professor Francesco Gardin, and MC
Strategies AG (“MCS”), the Company has been informed that Professor
Gardin and MCS have agreed to amend the repurchase price and the
repurchase date of the REPO as follows:
- The term of the REPO under which Professor Gardin is to
repurchase 5,000,000 ordinary shares of 0.25p each in the Company
(“Ordinary Shares”) has been extended from 30 June 2023 to 30
September 2023.
- The repurchase price for the 5,000,000 Ordinary Shares has been
amended from 3.2366p to 3.2767p per share (representing a 5% yearly
interest rate on the initial purchase price of 3p).
All other terms of the REPO remain unchanged.
In addition to the 5,000,000 Ordinary Shares which are the
subject of the REPO, Professor Gardin is currently the beneficial
owner of further 29,284,149 Ordinary Shares. The 29,284,149
remaining shares represent the 2.74% of the Company’s total issued
share capital.
For further information please
contact:
Quantum Blockchain Technologies Plc
Francesco Gardin, CEO and Executive
Chairman
+39 335 296573
SP Angel Corporate Finance (Nominated Adviser &
Broker)
Jeff
Keating
+44 (0)20 3470 0470
Kasia Brzozowska
Leander (Financial PR)
Christian
Taylor-Wilkinson
+44 (0) 7795 168 157
About Quantum Blockchain Technologies
Plc
QBT (AIM: QBT) is an AIM listed investment company which has
recently realigned its strategic focus to technology related
investments, with special regard to Quantum computing, Blockchain,
Cryptocurrencies and AI sectors. The Company has commenced an
aggressive R&D and investment programme in the dynamic world of
Blockchain Technology, which includes cryptocurrency mining and
other advanced blockchain applications.
NOTIFICATION AND PUBLIC DISCLOSURE OF
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM:
1. |
Details of the person discharging
managerial responsibilities/person closely associated |
a) |
Name: |
Francesco Gardin |
2. |
Reason for the
notification |
a) |
Position/status: |
CEO and Executive Chairman |
b) |
Initial notification/Amendment: |
Initial notification |
3. |
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor |
a) |
Name: |
Quantum Blockchain Technologies Plc |
b) |
LEI: |
213800FC5DEC582CRZ89 |
4. |
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted. |
a) |
Description of the financial instrument, type
of instrument:
Identification code: |
Ordinary shares of 0.25p each
ISIN: GB00B50P5B53 |
b) |
Nature of the transaction: |
Extension of expiry date of repurchase over
5,000,000 Ordinary Shares. |
c) |
Price(s) and volume(s): |
Price(s) |
Volume(s) |
3.2767p |
5,000,000 |
|
|
|
d) |
Aggregated information:
Aggregated volume:
Price: |
Single transaction as in 4 c) above
Price(s) |
Volume(s) |
3.2767p |
5,000,000 |
|
e) |
Date of the transaction: |
30 June 2023 |
f) |
Place of the transaction: |
Outside of a trading venue |