31 May
2023
Quantum Blockchain Technologies
Plc
(“QBT” or “the Company”)
Grant and
Amendment of Options
The board of Quantum Blockchain Technologies (AIM: QBT)
announces that the Company has granted 7,000,000 options over new
ordinary shares of 0.25 pence each in
the Company (“Options”) to certain consultants, members of the
R&D team and in-house staff.
As announced on 26 May 2023, Mr
Vladimir Kusznirczuk, the Company’s
new Marketing and Business Development Manager, has been
granted:
- 1,000,000 Options exercisable at 5
pence between 1 November 2023
and 25 May 2025; and
- 1,000,000 Options exercisable at 10
pence between 1 November 2023
and 25 May 2025.
In addition, the Company has issued a further 5,000,000 Options
to existing members of the R&D team, with an exercise price of
10 pence and exercisable at any time
before 25 May 2025.
Furthermore, the Company has extended the exercise period for
certain other Options previously granted, as follows:
Number of
Options |
Exercise Price |
Previous End of
Exercise Period |
New End of
Exercise Period |
2,500,000 |
5p |
06/05/2024 |
25/05/2025 |
2,500,000 |
5p |
28/02/2023 |
25/05/2025 |
7,500,000 |
5p |
31/03/2023 |
25/05/2025 |
5,000,000 |
10p |
30/06/2023 |
25/05/2025 |
The Company now has outstanding Options over 138,500,000
Ordinary Shares exercisable at 5
pence and Options over 133,500,000 Ordinary Shares
exercisable at 10 pence. These
Options expire between 2024 and 2026. The number of Options still
available to be issued (as duly authorised at the General Meeting
held on 6 May 2022) is
28,000,000.
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 a London Stock Exchange AIM listed Research
& Development and investing company focused on an intensive
R&D programme to disrupt the Blockchain Technologies sector,
and which includes, cryptocurrency mining and other advanced
blockchain applications. The primary goal of the R&D programme
is to develop Bitcoin mining tools and techniques, via its
technology-driven approach, which the Company believes will
significantly outperform existing market practices.