Quantum Blockchain Technologies Plc - Renewal of Warrants
("QBT" or "the Company")
Renewal of Warrants
QBT (AIM: QBT), the AIM-listed research and development company focused on blockchain technologies, is pleased to announce that, further to the expiry of previously issued warrants on
The Warrants are being granted on substantially the same basis as the expired instruments, with the same number of warrants being reallocated to the same recipients, save for:
• the removal of allocations to former directors who have passed away;
• an increase in allocation to a key employee; and
•
an increase in allocation to
136,000,000 Warrants will be exercisable at
The purpose of the grant is to ensure continued alignment of management, employees and consultants with shareholders following the lapse of the previous warrant arrangements.
An additional 5,000,000 of the old warrants originally issued to the late former Non-Executive Director;
Further to the grant of the Warrants, the total number of the Company’s warrants represents approximately 17% of the non-diluted issued share capital of the Company.
Issue of Warrants to Directors
59,500,000 of the Warrants were issued to employees and consultants of the Company, and 210,000,000 of the Warrants were issued to directors of the Company, as set out in the table below:
_____________________________________________________________________________ | Grantee | Position | No. of Warrants| Exercise price | | | | |(pence per share)| |____________________|_____________________|________________|_________________| | |Related Party to |100,000,000 |2.5p | |Infusion (2009) Ltd |Francesco Gardin (CEO| | | | |and Chief Research |100,000,000 |5p | | |Officer) | | | |____________________|_____________________|________________|_________________| | |Non-Executive |2,500,000 |2.5p | |Mark Michael Trafeli|Director | | | | | |2,500,000 |5p | |____________________|_____________________|________________|_________________| |Vladimir Basilio |Non-Executive |2,500,000 |2.5p | |Kusznirczuk |Director | | | | | |2,500,000 |5p | |____________________|_____________________|________________|_________________|
Infusion (2009) Ltd is a company ultimately controlled by Professor
Related Party Transaction
The grant of Warrants to Directors of the Company, being
As all of the Directors are being issued with Warrants, there are no Directors independent of the issue of Warrants. Accordingly,
Further details of the transactions for the purposes of Article 19 of the
-ends-
For further information please contact:
Leander (Financial PR) +44 (0) 7795 168 157
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 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.
__________________________________________________________________________ | | Details of the person discharging managerial responsibilities/person | | 1.|closely associated | |___|______________________________________________________________________| | | |1) Infusion (2009) Ltd | | | | | |a) |Name: |2) Mark Michael Trafeli | | | | | | | |3) Vladimir Basilio Kusznirczuk | |___|_______________________________|______________________________________| | | Reason for the notification | | 2.| | |___|______________________________________________________________________| | | |1) Related party to CEO/CRO | | | | | |a) |Position/status: |2) Independent NED | | | | | | | |3) Independent NED | |___|_______________________________|______________________________________| |b) |Initial notification/Amendment:|Initial notification | |___|_______________________________|______________________________________| | | Details of the issuer, emission allowance market participant, auction| | 3.|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 |Warrants | |a) |instrument, type of instrument:| | | | | | | |Identification code: |GB00B50P5B53 (Ordinary Shares) | |___|_______________________________|______________________________________| |b) |Nature of the transaction: |Grant of warrants to subscribe for new| | | |ordinary shares | |___|_______________________________|______________________________________| | | | ___________________ | | | || |Price|Volume | | | | ||_|_____|___________| | | | || |2.5p |100,000,000| | | | ||1|_____|___________| | | | || |5p |100,000,000| | | | ||_|_____|___________| | |c) |Price(s) and volume(s): || |2.5p |2,500,000 | | | | ||2|_____|___________| | | | || |5p |2,500,000 | | | | ||_|_____|___________| | | | || |2.5p |2,500,000 | | | | ||3|_____|___________| | | | || |5p |2,500,000 | | | | ||_|_____|___________| | |___|_______________________________|______________________________________| | |Aggregated information: |105,000,000 issued at 2.5p | | | | | |d) |Aggregated volume: |105,000,000 issued at 5p | | | | | | |Price: | | |___|_______________________________|______________________________________| |e) |Date of the transaction: |28 May 2026 | |___|_______________________________|______________________________________| |f) |Place of the transaction: |Outside a trading venue | |___|_______________________________|______________________________________|
