[01 July
2022]
Quantum Blockchain Technologies
Plc
( “QBT” or “the Company”)
Rollover of
Director’s REPO
Following the Company’s announcement dated 15 December 2021 regarding 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 to 30 September 2022.
- The repurchase price for the 5,000,000 Ordinary Shares has been
amended to 3.1125p per share (representing a 5% yearly interest
rate on the initial purchase price of 3p).
All other terms of the REPO remained 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 2.94 % 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) |
3.1125p |
5,000,000 |
|
|
|
d) |
Aggregated
information:
Aggregated volume:
Price: |
Single transaction as in 4 c) above
Price(s) |
Volume(s) |
3.1125p |
5,000,000 |
|
e) |
Date of the
transaction: |
30 June 2022 |
f) |
Place of the
transaction: |
Outside of a trading venue |