Quantum Blockchain Technologies Plc Grant of Options to Staff
27 September 2021 - 4:00PM
UK Regulatory
TIDMQBT
27 September 2021
Quantum Blockchain Technologies Plc
("QBT" or "the Company")
Grant of Options to staff and key consultants
The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to inform
shareholders that, as part of its new research and development ('R&D') strategy
in respect of disruptive proprietary technology for Bitcoin mining, the Company
has entered into a number of consultancy agreements with UK and Italian based
experts.
Pursuant to their contractual agreements with the Company certain consultants,
members of the R&D team and in house staff have been granted a total of
22,500,000 options over new ordinary shares (the "Options") of 0.25 pence each
in the Company ("Ordinary Shares") in two tranches as follows:
* Options over 12,500,000 Ordinary Shares exercisable at 5 pence per new
Ordinary Share with an exercise period of:
Options granted Exercise Period
2,500,000 06/05/2022 - 06/05/2024
5,000,000 06/05/2022 - 06/05/2025
5,000,000 06/05/2022 - 06/05/2026
* Options over 10,000,000 Ordinary Shares exercisable at 10 pence per new
Ordinary Share with an exercise period of:
Options granted Exercise Period
5,000,000 06/05/2023 - 06/05/2025
5,000,000 06/05/2023 - 06/05/2026
Francesco Gardin, CEO and Chairman commented: "We are extremely pleased with
the high standard
of quality of the Company's R&D team and management, which is going to be a key
factor in reaching positive R&D results in the short, medium and long term. On
this note, the Company is happy to share risk and potential high returns with
them."
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 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.
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