Extension of Zero Coupon Bond
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Quantum Blockchain Technologies (AIM: QBT) announces that the Company has agreed with MC Strategy S.A. (an Eufingest S.A. demerged Company), the sole Bondholder of the Company’s €3.5m Zero-Coupon Bond (“Bond”) issued in 2020 (as initially announced on 9 November 2020) and then partially converted into QBT new ordinary shares for €1m on 7 July 2023, to extend the maturity of the Bond from 15 December 2024 to 15 December 2026.
At the same time QBT and MC Strategy S.A. agreed to change the yield to maturity from 1% to 3%.
All other terms of the New Bond remain unchanged.
The face value of the remaining Bond is €2,708,170.
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