Quantum Blockchain Technologies Plc - REPO Rollover
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
-- The term of the REPO under whichProfessor Gardin is to repurchase 5,000,000 ordinary shares of 0.25p each in the Company (“Ordinary Shares”) has been extended from30 September 2024 to31 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,
For further information please contact:
SP Angel Corporate Finance (Nominated Adviser & Broker)
Leander (Financial PR)
About
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. Detailsofthepersondischarging managerialresponsibilities/personcloselyassociated a)Name : FrancescoGardin 2. Reasonforthenotification a) Position/status: CEOandExecutiveChairman b) Initialnotification/Amendment: Initialnotification
3. Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform,auctioneeror auction monitor a)Name : QuantumBlockchainTechnologiesPlc b) LEI: 213800FC5DEC582CRZ89 4. Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii)each type of transaction; (iii) each date; and (iv) each place where transactions have beenconducted. Description of the a) financialinstrument,typeofinstrument:Identification Ordinarysharesof0.25peach ISIN: GB00B50P5B53 code: b) Natureofthetransaction: Extensionofexpirydateofrepurchaseover5,000,000 Ordinary Shares. Price(s) Volume(s) c) Price(s)andvolume(s): 3.483p 5,000,000 Singletransactionasin4c)abovePrice(s) Volume d) Aggregatedinformation:Aggregated volume:Price: (s) 3.483p 5,000,000 e) Dateofthetransaction: 30September2024 f) Placeofthetransaction: Outsideofatradingvenue