11 December 2024
Quantum
Blockchain Technologies Plc
( “QBT” or
“the Company”)
Amendment
and Grant of Options
The Board
of Quantum Blockchain Technologies Plc (AIM:QBT) wishes to inform
its shareholders regarding the amendment of the exercise date of 52
million already granted Options over QBT’s ordinary shares of
0.25 pence each in the Company
(Options), as follows:
-
28,500,000
Options with exercise price at 5p:
|
Number
Options
|
Old
Exercise Date
(on or
before)
|
New
Exercise Date
(on or
before)
|
|
5,000,000
|
15/12/2024
|
06/05/2026
|
|
5,000,000
|
06/05/2025
|
06/05/2026
|
|
5,000,000
|
22/05/2025
|
06/05/2026
|
|
13,500,000
|
25/05/2025
|
06/05/2026
|
-
23,500,000
Options with exercise price at 10p:
|
Number
Options
|
Old
Exercise Date
(on or
before)
|
New
Exercise Date
(on or
before)
|
|
2,500,000
|
15/12/2024
|
06/05/2026
|
|
5,000,000
|
06/05/2025
|
06/05/2026
|
|
5,000,000
|
22/05/2025
|
06/05/2026
|
|
11,000,000
|
25/05/2025
|
06/05/2026
|
For all
these Options the new exercise date is on or before 6 May 2026.
Notably,
within the above Options are included the following ones, issued to
the Non-Executive Directors (the “NED Options”):
-
Peter Fuhrman
-
2,500,000
Options with exercise price at 5p and (previous) exercise date on
or before 15 December
2024
-
2,500,000
Options with exercise price at 10p and (previous) exercise date on
or before 15 December
2024
-
Mark Trafeli
-
2,500,000
Options with exercise price at 5p and (previous) exercise date on
or before 15 December
2024
Moreover,
the Company has also issued new 2,000,000 Options to a consultant,
as follows:
-
1,000,000
Options with exercise price at 5p and exercise date on or before
06 May 2026
-
1,000,000
Options with exercise price at 10p and exercise date on or before
06 May 2026
The
Company now has outstanding Options over 134,500,000 Ordinary
Shares exercisable at 5 pence and
Options over 134,500,000 Ordinary Shares, exercisable at
10 pence. These Options expire during
2026. The number of Options still available to be issued (as duly
authorised at the General Meeting held on 6
May 2022) is 31,000,000.
Related
Party Transaction
As
7,500,000 Options are held by Mark
Trafeli and Peter Fuhrman,
both non-executive directors of the Company, the extension to the
expiry date of the NED Options is considered to be a related party
transaction pursuant to AIM Rule 13 of the AIM Rules for
Companies.
Accordingly,
Francesco Gardin, being the director
independent of the extension of the NED Options considers, having
consulted with the Company’s nominated adviser, that the terms of
extension of the NED Options is fair and reasonable in so far as
ordinary shareholders are concerned.
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
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 with a strategic focus on
technology related investments, including a special regard towards
Quantum Computing, Blockchain, Cryptocurrencies and AI sectors. The
Company has an aggressive R&D and investment programme in the
dynamic world of Blockchain Technology, which includes
cryptocurrency mining and other advanced blockchain
applications.
|
1.
|
Details
of
the
person
discharging managerial
responsibilities/person
closely
associated
|
|
a)
|
Name:
|
Peter Fuhrman
|
|
2.
|
Reason
for
the
notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
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
instrument,
type
of
instrument:
Identification code:
|
Warrants on Ordinary
shares
of
0.25p
each
|
|
b)
|
Nature
of
the
transaction:
|
Extension
of
exercise date
|
|
c)
|
Price(s)
and
volume(s):
|
Price(s) Volume(s)
5p
2,500,000
10p 2,500,000
|
|
d)
|
Aggregated
information:
Aggregated volume:
Price:
|
Single
transaction
as
in
4
c)
above
Price(s) Volume(s)
5p
2,500,000
10p 2,500,000
|
|
e)
|
Date
of
the
transaction:
|
10 December
2024
|
|
f)
|
Place
of
the
transaction:
|
Outside
of
a
trading
venue
|
|
1.
|
Details
of
the
person
discharging managerial
responsibilities/person
closely
associated
|
|
a)
|
Name:
|
Mark Michael Trafeli
|
|
2.
|
Reason
for
the
notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
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
instrument,
type
of
instrument:
Identification code:
|
Warrants on Ordinary
shares
of
0.25p
each
|
|
b)
|
Nature
of
the
transaction:
|
Extension
of
exercise date
|
|
c)
|
Price(s)
and
volume(s):
|
Price(s) Volume(s)
5p
2,500,000
|
|
d)
|
Aggregated
information:
Aggregated volume:
Price:
|
Single
transaction
as
in
4
c)
above
Price(s) Volume(s)
5p
2,500,000
|
|
e)
|
Date
of
the
transaction:
|
10
December
2024
|
|
f)
|
Place
of
the
transaction:
|
Outside
of
a
trading
venue
|