Quantum Exponential Group PLC Employee Benefit Trust Share Purchase (9271T)
March 23 2023 - 3:00AM
UK Regulatory
TIDMQBIT
RNS Number : 9271T
Quantum Exponential Group PLC
22 March 2023
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22 March 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Employee Benefit Trust Share Purchase
Quantum Exponential Group plc (AQUIS:QBIT), a company focused on
investing in quantum technology announces that its Employee Benefit
Trust (the "EBT"), set up on the 7(th) June 2022, for the benefit
of current and future employees has purchase 2,500,000 Ordinary
Shares at 1.65p each ("Ordinary Shares").
Following this purchase, the EBT has a total of 16,900,000
Ordinary Shares in Quantum Exponential Group plc representing
approximately 5.14 per cent. of the Company's issue 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
Notes to Editors
About Quantum Exponential Group plc
Quantum Exponential is a first of its kind, AQSE Growth Market
SPAC, 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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