REG-Quantum Blockchain Technologies Plc: Partial Bond Conversion

Quantum Blockchain TechnologiesAnnouncement

07/07/2023 07:15

7 July 2023

Quantum Blockchain Technologies Plc
(“the Company”)

2020 Bond - Partial Conversion into Company’s Shares

The board of Quantum Blockchain Technologies Plc (AIM: QBT) is pleased to
announce that, with regards to its Zero-Coupon Bond (“Bond”), originally
announced on 9 November 2020, the Company has received a conversion notice
from MC Strategies AG to convert €1 million of the Bond into new ordinary
shares of 0.25 pence each in the Company (“New Shares”) at a conversion
price of 1 pence per share (EUR:GBP exchange rate of 0.89 – fixed per terms
and conditions of the Bond).

As a result, the Company has issued and allotted 89,000,000 New Shares.
Following the conversion, the face value of the remaining Bond has decreased
to €2,493,575.

Admission & Total Voting Rights

Application will be made for the 89,000,000 New Shares to be admitted to
trading on AIM with admission expected to occur on or around 14 July 2023
(“Admission”). The New Shares will rank pari passu with the Company’s
existing Ordinary Shares. Following Admission, the Company’s enlarged issued
share capital will comprise 1,157,980,422 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.

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
Kasia Brzozowska

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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