TIDMQBT 
 
15 December 2021 
 
                      Quantum Blockchain Technologies Plc 
                           ("QBT" or "the Company") 
 
                        Exercise of 30m warrants at 2p, 
   Director's REPO agreement and grant of options to non-executive director 
 
Exercise of warrants 
 
The board of Quantum Blockchain Technologies (AIM: QBT) notifies that it has 
today issued 30,000,000 ordinary shares ("Warrant Exercise Shares") at a price 
of 2 pence per share, following the exercise of 30,000,000 warrants of the 
100,000,000 warrants granted to Mr John Story issued as part of the placing 
announced on 22 February 2021 ("February Placing"). Following this exercise, Mr 
Story holds a remaining 52,500,000 warrants issued to him as part of the 
February Placing. 
 
The proceeds, amounting to £600,000 (before expenses), will further increase 
QBT's working capital designated for its Research and Development ("R&D") 
programme. 
 
Application will be made for the 30,000,000 Warrant Exercise Shares, which will 
rank pari passu with the existing ordinary shares in the Company ("Ordinary 
Shares") to be admitted to trading on AIM ("Admission"). It is expected that 
Admission will become effective, and dealings will commence at 8:00 a.m. on or 
around 21 December 2021. 
 
Following Admission of the Warrant Exercise Shares, the Company's total issued 
share capital will comprise 945,051,851 ordinary shares of 0.25 pence each. 
This figure may be used by shareholders as the denominator for the calculations 
by which they will determine if they are required to notify their interest in, 
or a change in their interest in, the share capital of the Company under the 
FCA's Disclosure and Transparency Rules. 
 
Director's REPO agreement 
 
Francesco Gardin, the Chairman and Chief Executive Officer of the Company, has 
entered into a sale & repurchase agreement ("REPO") with MC Strategies AG 
("MCS") in respect of 5,000,0000 ordinary shares currently owned by Professor 
Gardin in the Company (the "Agreement"). 
 
MCS is a Swiss company incorporated as part of a demerger of Eufingest SA 
("Eufingest"). MCS and Eufingest have the same ultimate beneficial owner. 
 
Professor Gardin has entered into the Agreement in order to fund the payment of 
a tax bill. 
 
The Agreement provides for MCS to buy 5,000,000 shares from Professor Gardin on 
16 December 2021 for 3p per share and for Professor Gardin to repurchase the 
same number of shares from MCS on 16 June 2022 for 3.185p per share. 
 
In addition to the 5,000,000 shares which are the subject of the Agreement, 
Professor Gardin is currently the beneficial owner of further 29,284,149 shares 
in the Company.  The 29,284,149 remaining shares represent the 3.1% of the 
Company's total issued share capital (following the Admission of the Warrant 
Exercise Shares). 
 
Grant of Options to Non-Executive Director 
 
The board of QBT is also pleased to inform shareholders that it has granted 
Reginald Eccles (Non-executive director) with 5,000,000 options over new 
ordinary shares (the "Options") of 0.25 pence each in the Company exercisable 
at a price of 10p at any time before 1 December 2026. 
 
The grant of the Options to Reginald Eccles has been treated as a related party 
transaction pursuant to AIM Rule 13 of the AIM Rules for Companies. Francesco 
Gardin, being the only director independent of the grant of Options considers, 
having consulted with the Company's nominated adviser, that the terms of the 
grant of Options are fair and reasonable insofar as the shareholders of the 
Company are concerned. 
 
The notification below is made in accordance with the Market Abuse Regulation. 
 
1  Details of the person discharging managerial responsibilities / person 
   closely associated 
 
a) Name            Francesco Gardin 
 
2  Reason for the notification 
 
a) Position/status Chief Executive Officer & Chairman 
 
b) Initial         Initial notification 
   notification / 
   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  Ordinary shares of 0.25p each 
   the financial 
   instrument, 
   type of 
   instrument 
 
   Identification  GB00BVFCZV34 
   code 
 
b) Nature of the   Sale of Shares 
   transaction 
 
c) Price(s) and 
   volume(s) 
 
                            Price(s)   Volume(s) 
 
                            3p         5,000,000 
 
d) Aggregated 
   information 
 
   - Aggregated    N/A single transaction 
   volume 
 
   - Price 
 
e) Date of the     14 December 2021 
   transaction 
 
 
f) Place of the    Off Market 
   transaction 
 
 
 
 
 
1  Details of the person discharging managerial responsibilities / person 
   closely associated 
 
a) Name            Reginald Eccles 
 
2  Reason for the notification 
 
a) Position/status Non-Executive Director 
 
b) Initial         Initial notification 
   notification / 
   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  Options over ordinary shares of 0.25p each 
   the financial 
   instrument, 
   type of 
   instrument 
 
   Identification  GB00BVFCZV34 
   code 
 
b) Nature of the   Grant of Options 
   transaction 
 
c) Price(s) and 
   volume(s) 
 
                            Price(s)   Volume(s) 
 
                            10p        5,000,000 
 
d) Aggregated 
   information 
 
   - Aggregated    N/A single transaction 
   volume 
 
   - Price 
 
e) Date of the     14 December 2021 
   transaction 
 
 
f) Place of the    Off Market 
   transaction 
 
 
 
Market Abuse Regulation (MAR) Disclosure 
 
This announcement contains inside information for the purposes of Article 7 of 
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law 
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed 
in accordance with the Company's obligations under Article 17 of MAR. 
 
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. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 15, 2021 02:00 ET (07:00 GMT)

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