2 October
2024
Quantum
Blockchain
Technologies
Plc
(”QBT”
or
”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 2024 to 31 December
2024.
-
The
repurchase price for the 5,000,000 Ordinary Shares has been amended
from 3.441p to per 3.483p 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 2.27% 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, John
Mackay +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 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.
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)
3.483p 5,000,000
|
|
d)
|
Aggregated
information:
Aggregated volume:
Price:
|
Single
transaction
as
in
4
c)
above
Price(s) Volume(s)
3.483p 5,000,000
|
|
e)
|
Date
of
the
transaction:
|
30
September
2024
|
|
f)
|
Place
of
the
transaction:
|
Outside
of
a
trading
venue
|
