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QBT Quantum Blockchain Technologies News Story

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REG-Quantum Blockchain Technologies Plc: Grant and Amendment of Options

31 May 2023

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

Grant and Amendment of Options

The board of Quantum Blockchain Technologies (AIM: QBT) announces that the
Company has granted 7,000,000 options over new ordinary shares of 0.25 pence
each in the Company (“Options”) to certain consultants, members of the R&D
team and in-house staff.

As announced on 26 May 2023, Mr Vladimir Kusznirczuk, the Company’s new
Marketing and Business Development Manager, has been granted:
* 1,000,000 Options exercisable at 5 pence between 1 November 2023 and 25 May
2025; and
* 1,000,000 Options exercisable at 10 pence between 1 November 2023 and 25 May
2025.
In addition, the Company has issued a further 5,000,000 Options to existing
members of the R&D team, with an exercise price of 10 pence and exercisable at
any time before 25 May 2025.

Furthermore, the Company has extended the exercise period for certain other
Options previously granted, as follows:

 Number of Options  Exercise Price  Previous End of Exercise Period  New End of Exercise Period  
     2,500,000            5p                   06/05/2024                    25/05/2025          
     2,500,000            5p                   28/02/2023                    25/05/2025          
     7,500,000            5p                   31/03/2023                    25/05/2025          
     5,000,000            10p                  30/06/2023                    25/05/2025          

The Company now has outstanding Options over 138,500,000 Ordinary Shares
exercisable at 5 pence and Options over 133,500,000 Ordinary Shares
exercisable at 10 pence. These Options expire between 2024 and 2026. The
number of Options still available to be issued (as duly authorised at the
General Meeting held on 6 May 2022) is 28,000,000.

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
Kasia Brzozowska

Leander (Financial PR)
Christian
Taylor-Wilkinson                                                                    
+44 (0) 7795 168 157

About Quantum Blockchain Technologies Plc

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, and 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.



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