20 December 2022
Quantum Blockchain Applied sciences Plc
(“QBT” or “the Firm”)
Grant of Choices, PDMR Dealings and Extension of Consultancy Settlement
The board of Quantum Blockchain Applied sciences (AIM: QBT) is happy to tell shareholders that the Firm has entered into various extra consultancy agreements with trade specialists who at the moment are a part of the Firm’s analysis and improvement (“R&D”) workforce.
The Firm has granted 37,500,000 choices (the “Choices”) to sure consultants, members of the R&D workforce and in home workers, over new peculiar shares of 0.25 pence every within the Firm (“Odd Shares”) as follows:
- Choices over 25,000,000 Odd Shares exercisable at 5 pence per new Odd Share that are all instantly exercisable.
Choices Granted
Train Interval Ends
7,500,000
31/03/2023
5,000,000
5,000,000
5,000,000
2,500,000
22/05/2025
15/12/2024
06/06/2023
28/02/2023
- Choices over 12,500,000 Odd Shares exercisable at 10 pence per new Odd Share with train durations as proven under
Choices Granted
Train Interval Ends
5,000,000
5,000,000
2,500,000
30/06/2023
22/05/2025
15/12/2024
Included within the above totals are:
5,000,000 Choices issued to the Firm’s Non-Govt Director Mr Peter Fuhrman, (as anticipated within the 12 September 2022 announcement), as follows:
- 2,500,000 exercisable at 5 pence at any time as much as 15/12/2024,
- 2,500,000 exercisable at 10 pence at any time as much as 15/12/2024,
2,500,000 Choices issued to Mr Mark Trafeli, the newly appointed Non-Govt Director, as follows:
- 2,500,000 exercisable at 5 pence at any time as much as 15/12/2024,
10,000,000 Choices issued to the Firm’s cryptography knowledgeable specialising in cryptocurrency mining blockchain optimisations, whose 10,000,000 Choices (initially introduced on 2 June 2021) expired in June 2022, and whose contract has been prolonged, as follows:
- 5,000,000 Choices exercisable at 5 pence at any time as much as 22/05/2025,
- 5,000,000 Choices exercisable at 10 pence between 06/05/2023 to 22/05/2025.
The Firm now has excellent Choices exercisable at 5 pence over 137,500,000 Odd Shares and Choices exercisable at 10 pence over 127,500,000 Odd Shares. Choices expire between 2023 and 2026.
The variety of Choices nonetheless obtainable to be issued (as duly authorised on the Common Assembly held on 6 Might 2022) is 35,000,000.
Francesco Gardin, CEO and Chairman of QBT, commented: “Our option-based reward coverage, utilized to all non-College key members of the R&D workforce is now in place. Whereas we’ve got awarded new choices to these consultants who had been engaged this 12 months by the Firm, we’ve got additionally prolonged the phrases for among the choices which have beforehand been allotted, whereas growing the train worth of a part of them.
“The R&D workforce may be very centered on its extremely demanding problem of bettering the core SHA-256 efficiency, which the Bitcoin trade has been attempting to handle for the final ten years. Awarding choices to the important thing researchers of our R&D workforce shouldn’t be an additional motivational component, however the acknowledgment of their contribution and the sharing of the massive potential rewards.”
For additional info please contact:
Quantum Blockchain Applied sciences Plc
Francesco Gardin, CEO and Govt Chairman +39 335 296573
SP Angel Company Finance (Nominated Adviser & Dealer)
Jeff Keating +44 (0)20 3470 0470
Kasia Brzozowska
Leander (Monetary PR)
Christian Taylor-Wilkinson +44 (0) 7795 168 157
About Quantum Blockchain Applied sciences Plc
QBT (AIM: QBT) is an AIM listed funding firm which has not too long ago realigned its strategic focus to expertise associated investments, with particular regard to Quantum computing, Blockchain, Cryptocurrencies and AI sectors. The Firm has commenced an aggressive R&D and funding programme within the dynamic world of Blockchain Know-how, which incorporates cryptocurrency mining and different superior blockchain purposes.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
1.
Particulars of the individual discharging managerial obligations/individual carefully related
a)
Identify:
A: Peter Fuhrman
B: Mark Trafeli
2.
Motive for the notification
a)
Place/standing:
A: Non-Govt Director
B: Non-Govt Director
b)
Preliminary notification/Modification:
Preliminary notification
3.
Particulars of the issuer, emission allowance market participant, public sale platform, auctioneer or public sale monitor
a)
Identify:
Quantum Blockchain Applied sciences Plc
b)
LEI:
213800FC5DEC582CRZ89
4.
Particulars of the transaction(s): part to be repeated for (i) every kind of instrument; (ii) every kind of transaction; (iii) every date; and (iv) every place the place transactions have been performed.
a)
Description of the monetary instrument, kind of instrument:
Identification code:
Odd shares of 0.25p every or rights to those
ISIN: GB00B50P5B53
b)
Nature of the transaction:
Grant of Choices over Odd Shares
c)
Value(s) and quantity(s):
A:
Value(s)
Quantity(s)
5p
10p
B:
2,500,000
2,500,000
Value(s)
Quantity(s)
5p
2,500,000
d)
Aggregated info:
Aggregated quantity:
Value:
7,500,000
Value(s)
Quantity(s)
5p
10p
5,000,000
2,500,000
e)
Date of the transaction:
13 December 2022
f)
Place of the transaction:
Exterior of a buying and selling venue
