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REPO Rollover

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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 from 30 September 2024 to 31 December 2024.

The repurchase price for the 5,000,000 Ordinary Shares has been amended from 3.441p to per 3.483p 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, Professor Gardin is currently the beneficial owner of further 29,284,149 Ordinary Shares. The 29,284,149 remaining shares represent the 2.27% of the Company’s total issued share capital.

  • Name: Francesco Gardin
  • Reason for the notification
  • Position/status: CEO and Executive Chairman
  • Initial notification/Amendment: Initial notification
  • Name: Quantum Blockchain Technologies Plc
  • LEI: 213800FC5DEC582CRZ89
  • Description of the financial instrument, type of instrument: Identification code: Ordinary shares of 0.25p each ISIN: GB00B50P5B53
  • Nature of the transaction: Extension of expiry date of repurchase over 5,000,000 Ordinary Shares.
  • Price(s) and volume(s): Price(s) Volume(s) 3.483p 5,000,000
  • Aggregated information: Aggregated volume: Price: Single transaction as in 4 c) above Price(s) Volume(s) 3.483p 5,000,000
  • Date of the transaction: 30 September 2024
  • Place of the transaction: Outside of a trading venue

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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