5 October 2023
Quantum Blockchain Technologies Plc
(“the Company”)
Rollover of Director’s REPO
Following previous announcements made by the Company regarding the
rollover of 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
from 30 September 2023 to
31 December 2023.
-
The repurchase price for
the 5,000,000 Ordinary Shares has been amended from 3.2767p to
3.3172p per share (representing a 5% yearly interest rate on the
initial purchase price of 3p).
All other terms of the REPO remain 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 2.53% 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)
|
|
3.3172p
|
5,000,000
|
|
|
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transaction as in 4 c) above
|
Price(s)
|
Volume(s)
|
|
3.3172p
|
5,000,000
|
|
|
e)
|
Date of the transaction:
|
02 October 2023
|
|
f)
|
Place of the transaction:
|
Outside of a trading venue
|
