TIDMQBIT

RNS Number : 4191F

Quantum Exponential Group PLC

04 November 2022

4 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, purchased Ordinary Shares of 5p each ('Ordinary Shares') in the Company as follows:

 
 Date               Volume      Price 
 3 November 2022    1,500,000   1.966p 
                   ----------  ------- 
 4 November 2022    500,000     1.95p 
                   ----------  ------- 
 

The shares were purchased on behalf of Mr. McNair Scott's pension fund.

Following this purchase, Mr. McNair Scott is beneficially interested in 12,750,000 Ordinary Shares, representing approximately 3.88 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 
                                                1.966p   1,500,000 
                                                        ---------- 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information                 N/A (Single transaction) 
       - Aggregated volume 
       - Price 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction                3 November 2022 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction               AQUIS EXCHANGE 
     -------------------------------------  -------------------------------- 
 
 
 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 
                                                1.95p   500,000 
                                                       -------- 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information                 N/A (Single transaction) 
       - Aggregated volume 
       - Price 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction                4 November 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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November 04, 2022 10:08 ET (14:08 GMT)

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