4 April 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 31 March 2024 to 30 June 2024.
· The repurchase price for the 5,000,000 Ordinary Shares has been amended from
3.3578p to 3.3989p 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 2.27% 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 |Initial notification |
| |notification/Amendment: | |
+--+----------------------------+-------------------------------------------+
|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|Ordinary shares of 0.25p each |
| |instrument, type of |ISIN:GB00B50P5B53 |
| |instrument: | |
| |Identification code: | |
+--+----------------------------+-------------------------------------------+
|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) |
| | |3.3989p 5,000,000 |
+--+----------------------------+-------------------------------------------+
|d)|Aggregated information: |Single transaction as in 4 c) above |
| |Aggregated volume: | |
| |Price: |Price(s) Volume(s) |
| | |3.3989p 5,000,000 |
+--+----------------------------+-------------------------------------------+
|e)|Date of the transaction: |04 April2024 |
+--+----------------------------+-------------------------------------------+
|f)|Place of the transaction: |Outside of a trading venue |
+--+----------------------------+-------------------------------------------+
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https://news.cision.com/quantum-blockchain-technologies-plc/r/rollover-of-director-s-repo,c3956720QBT.L
Quantum Blockchain Technologies Plc
Quantum Blockchain Technologies Plc - Rollover of Director's REPO
4th April 2024, 13:27
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