18 January 2024
Quantum Blockchain Technologies Plc
( “QBT” or “the Company”)
Call of Bondholders’ Meeting
Quantum
Blockchain Technologies (AIM: QBT) announces that it has written to
the holders of the Company’s Zero-Coupon Bond, originally issued in
2013 and most recently amended at the Bondholder’s meeting held on
21 April 2022 (the “Bond”), calling a
meeting to seek Bondholders’ approval of the following proposals
(the “Proposals”);
-
to extend
the maturity of the Bond from 15 December
2024 to 15 December 2026;
and
-
to amend
certain terms of the Bondholders’ conversion right, modifying the
conversion price from £0.05 to £0.03.
All
holders of the Bond are entitled to vote on the
Proposals. Eufingest
SA, which holds 62.5% of the Bond, has confirmed to the Company
that it intends to vote in favour of the Proposals. The current
total face value of the Bond is €5.4m.
The
meeting will be held at 10am on
Thursday 22 February 2024 at
the Company’s registered office, First Floor, 1 Chancery Lane,
London, England, WC2A
1LF.
The
Bondholders' meeting requires a quorum of two Bondholders holding
at least 66.66 per cent of the Bonds. If the meeting is inquorate,
it will be adjourned for 14 days. At
any adjourned meeting, any
number of Bondholders will represent a valid quorum.
Bondholders
who wish to vote and whose Bonds are held in the name of a broker,
dealer, commercial bank, trust company or other nominee institution
(including as CDIs) must contact such nominee promptly and instruct
or make arrangements with such nominee to vote in accordance with
the customary procedures of the clearing systems on behalf of the
bondholders. Proxies are due no later than 10.00 am on 20 February
2024.
-ends-
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
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 with a strategic focus on
technology related investments, with special regard to 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.