Quantum Blockchain Technologies Plc - REPO Rollover

01 July 2025

 

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") (together "the Parties)", 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 to 31 December 2025.
    --  The repurchase price for the 5,000,000 Ordinary Shares has been amended
        from 3.568p to 3.657p per share (representing a 5% yearly interest rate
        on the initial purchase price of 3p). All other terms of the REPO remain
        unchanged.
    --  The Parties agreed to include a clause stipulating that the REPO shall
        automatically roll over every six months in the event that Professor
        Gardin does not exercise his right under the REPO to repurchase the
        Ordinary Shares.

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 will represent the 2.00% of the Company's total issued share capital on admission to trading of the Ordinary Shares on AIM issued pursuant to the placing as announced on 23 January 2025.

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

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 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. 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):
                                                       3.657p 5,000,000

                                                       Singletransactionasin4c)abovePrice(s) Volume
d) Aggregatedinformation:Aggregated volume:Price:      (s)

                                                       3.657p 5,000,000

e) Dateofthetransaction:                               30 June 2025

f) Placeofthetransaction:                              Outsideofatradingvenue