REG-Quantum Blockchain Technologies Plc: Exercise of Warrants

Quantum Blockchain TechnologiesAnnouncement

12/01/2022 07:05

12 January 2021

Quantum Blockchain Technologies Plc
(“QBT” or “the Company”)

Exercise of Warrants

The board of Quantum Blockchain Technologies (AIM: QBT) notifies that it has
today issued 35,000,000 new ordinary shares of 0.25 pence each (“Warrant
Exercise Shares”) at a price of 2 pence per share, following the exercise of
35,000,000 warrants of the 100,000,000 warrants granted to Mr John Story and
issued as part of the placing announced on 22 February 2021 (“February
Placing”). Following this exercise, Mr Story holds a remaining 17,500,000
warrants also issued to him as part of the February Placing.

The proceeds, amounting to £700,000 (before expenses), will further increase
QBT’s working capital designated for its Research and Development
(“R&D”) programme.

Application will be made for the 35,000,000 Warrant Exercise Shares, which
will rank pari passu with the existing ordinary shares in the Company
(“Ordinary Shares”) to be admitted to trading on AIM (“Admission”). It
is expected that Admission will become effective, and dealings will commence
at 8:00 a.m. on or around 17 January 2021.

Following Admission of the Warrant Exercise Shares, the Company’s total
issued share capital will comprise 980,051,851 ordinary shares of 0.25 pence
each. This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the
Company under the FCA’s Disclosure and Transparency Rules.

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

For further information please contact:

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.



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