Quantum Blockchain Technologies Plc - Rollover of Director's REPO
(“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 from31 March 2024 to30 June 2024 . -- The repurchase price for the 5,000,000 Ordinary Shares has been amended from 3.3578p to 3.3989p 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,
For further information please contact:
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.|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 | |__|_______________________________|______________________________________| | |Details of the transaction(s): section to be repeated for (i) each | |4.|type of instrument; (ii) each type of transaction; (iii) each date; | | |and (iv) each place where transactions have been conducted. | |__|______________________________________________________________________| | |Description of the financial |Ordinary shares of 0.25p each | |a)|instrument, type of instrument:|ISIN: GB00B50P5B53 | | |Identification code: | | |__|_______________________________|______________________________________| |b)|Nature of the transaction: |Extension of expiry date of repurchase| | | |over 5,000,000 Ordinary Shares. | |__|_______________________________|______________________________________| | | | | | | |Price(s) Volume(s) | |c)|Price(s) and volume(s): | | | | |3.3989p 5,000,000 | | | | | |__|_______________________________|______________________________________| | | |Single transaction as in 4 c) above | | | | | | |Aggregated information: | | |d)|Aggregated volume: |Price(s) Volume(s) | | |Price: | | | | |3.3989p 5,000,000 | | | | | |__|_______________________________|______________________________________| |e)|Date of the transaction: |04 April 2024 | |__|_______________________________|______________________________________| |f)|Place of the transaction: |Outside of a trading venue | |__|_______________________________|______________________________________|