REG-Quantum Blockchain Technologies Plc: Update on Final Sipiem Court Hearing

Quantum Blockchain TechnologiesAnnouncement

05/05/2022 12:15

5 May 2022

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

Update on the Final Sipiem Court Hearing

The Board of Quantum Blockchain Technologies (AIM: QBT) wishes to provide an
update to shareholders regarding the Sipiem Court hearing held at the Venice
Court (“Court”) on 4 May 2022.

As per the announcement made on 19 January 2022, the parties have submitted
their final written conclusions to the Court appointed Judge, who has now
commenced the Court’s internal procedures to reach a judgment.

Yesterday’s hearing was the last court hearing of the trial, and the parties
will now have 60 days to file their final written arguments and then a further
20 days to file their written replies. No further hearings will be held. After
this, the Court will pass its final judgement, which the Company believes is
expected by the end of 2022.

-ends-

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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