Quantum Blockchain Technologies Plc - Rollover of Director's REPO
(”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 June 2024 to30 September 2024 . -- The repurchase price for the 5,000,000 Ordinary Shares has been amended from 3.3989p to 3.441p per 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,
SP Angel Corporate Finance
(Nominated Adviser & Broker)
Leander
(Financial PR)
About
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.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
1. Detailsofthepersondischargingmanagerialresponsibilities/personcloselyassociate d a)Name :Francesco Gardin 2. Reasonforthenotification a) Position/status: CEO and Executive Chairman b) Initialnotification/Amendment: Initial notification 3. Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform,auctione eror auction monitor a)Name :Quantum Blockchain Technologies Plc b) LEI: 213800FC5DEC582CRZ89 Detailsofthetransaction(s):sectiontoberepeatedfor(i) eachtypeofinstrument; 4. (ii)each type of transaction; (iii) each date; and (iv) each place where transactions have beenconducted. Description of the financial Ordinary shares of 0.25p each ISIN: a) instrument,typeofinstrument: GB00B50P5B53 Identification code: b) Natureofthetransaction: Extension of expiry date of repurchase over 5,000,000 Ordinary Shares. Price(s) Volume(s) c) Price(s)andvolume(s): 3.441p 5,000,000 Single transaction as in 4 c) above Price d) Aggregatedinformation: Aggregated (s) Volume(s) volume:Price: 3.441p 5,000,000 e) Dateofthetransaction:28 June 2024 f) Placeofthetransaction: Outside of a trading venue