Quantum Exponential Group PLC Director Share Purchase (2699F)
November 03 2022 - 11:23AM
UK Regulatory
TIDMQBIT
RNS Number : 2699F
Quantum Exponential Group PLC
03 November 2022
3 November 2022
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Director Share Purchase
Quantum Exponential Group plc (AQUIS: QBIT), a company focused
on investing in quantum technology, is pleased to announce that it
has been informed that Nigel McNair Scott, Non-Executive Director,
on 14 October 2022 purchased 500,000 Ordinary Shares of 5p each
('Ordinary Shares') in the Company at a price of 2p per Ordinary
Share. The shares were purchased on behalf of Mr. McNair Scott's
pension fund.
Mr. McNair Scott was given permission by the Board to purchase
shares on 5 October 2022, in accordance with the Company's dealing
policy. He immediately gave instructions to his broker to purchase
shares on his behalf. The broker purchased the shares on 14 October
2022 however only notified Mr McNair Scott today, 3 November 2022
that the transaction had occurred.
Following this purchase, Mr. McNair Scott is beneficially
interested in 10,750,000 Ordinary Shares, representing
approximately 3.27 per cent. of the Company's issued share
capital.
The Directors take responsibility for this announcement.
**ENDS**
For more information, visit the Company's website:
www.quantum-exponential.co.uk or contact:
Steven Metcalfe, Chief Executive Officer c/o quantum@stbridespartners.co.uk
Novum Securities (AQSE Corporate Adviser) Tel: +44 (0)20 7399 9400
David Coffman, George Duxberry
Oberon Capital (Broker) Tel: +44 (0)20 3179 5344
Mike Seabrook, Chris Crawford
St Brides Partners Limited (Financial PR) quantum@stbridespartners.co.uk
Catherine Leftley, Ana Ribeiro, Isabelle Morris
The information set out below is provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Nigel McNair Scott
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------------------- --------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer, or auction monitor
-----------------------------------------------------------------------
a) Name Quantum Exponential Plc
------------------------------------- --------------------------------
b) LEI 213800IYLPPJR3D7MC55
------------------------------------- --------------------------------
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 5p each
instrument
Identification code
------------------------------------- --------------------------------
b) Nature of the transactions Purchase of Ordinary Shares
------------------------------------- --------------------------------
c) Price(s) and volume(s) Price Volume
2p 500,000
--------
------------------------------------- --------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
------------------------------------- --------------------------------
e) Date of the transaction 14 October 2022
------------------------------------- --------------------------------
f) Place of the transaction AQUIS EXCHANGE
------------------------------------- --------------------------------
About Quantum Exponential Group plc
Quantum Exponential is a first of its kind, AQSE Growth Market
enterprise company, focused on opportunities in quantum technology
and the wider quantum computing sector, with an advisory board made
up of industry advisors, entrepreneurs, and technology investment
professionals with broad access to quantum opportunities and
markets. Quantum Exponential's investment strategy is to assemble a
portfolio of minority investments in early-stage global quantum
technology companies, primarily in NATO-allied countries, offering
institutional and private investors access to revolutionising
technologies and industries in the realms of artificial
intelligence, manufacturing and healthcare.
Quantum Exponential trades on AQSE Growth Market under the
ticker symbol "QBIT'.
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END
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