REG - Quantum Data Energy - Business Update & Acceleration Capital Funding

Quantum Data EnergyAnnouncement

23/04/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260423:nRSW5648Ba&default-theme=true

RNS Number : 5648B  Quantum Data Energy PLC  23 April 2026

Quantum Data Energy PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

LEI :213800HFVHGJ9YGO9F71

Share code on the LSE: QDE

ISIN: GB00BNG90H86

 

Dated: 23 April 2026

 

Quantum Data Energy PLC

("Quantum", "QDE" or the "Company")

 

Business Growth Update and Acceleration Capital Funding

 

London, UK - Quantum Data Energy PLC (LSE: QDE) is pleased to announce,
further to its RNS announcement dated 2 December 2025, that the Company has
made significant progress with securing capex funding for its existing
portfolio of flexible generation power projects, to expedite QDE's progress to
its initial target of building a 300+ MW portfolio of flexgen assets. In
particular, QDE is in advanced term sheet negotiations with an established
UK-based institutional investor. The financing arrangement will be structured
at project level and will enable QDE to get each relevant project into
construction through to production and income generation with payment
schedules linked to production milestones being achieved.

 

QDE expects to complete a binding definitive funding agreement in Q2 2026 and
will provide a further announcement in due course. However, the Board notes
that, despite the positive preliminary work completed over the last few
months, there is no guarantee that such transaction will be definitively
executed.

 

As a result of the significant progress made and to fund QDE's required equity
contribution for the abovementioned project construction capex, a capital
provision related fundraise (the "Raise") has been undertaken to help support
the expeditious completion of such transaction. QDE has existing sufficient
cash reserves to support the Company's working capital requirements, and
therefore the primary use of proceeds of the Raise is intended to provide
capital to enable an increase to QDE's MWs in production.

 

The Raise is for gross proceeds of £1,000,000 via the issue of 38,461,538 new
ordinary shares at an issue price of 2.6p per new ordinary share ("Placing
Shares") (being a premium to the last raise in February 2026). The Raise has
been arranged by the Company's sole corporate broker, Fortified Securities.

 

Pieter Krügel, CEO at Quantum Data Energy PLC, said: "We are excited about
the ongoing progress that we are making as we continue to build our portfolio
of flexgen assets to our initial target of 300 MW and beyond. The Raise has
been undertaken to support the expeditious completion of an immediate growth
opportunity that will make a meaningful contribution to QDE's portfolio of MWs
in production. We are also working on a number of additional near term growth
opportunities and look forward to updating the market with further updates in
due course."

 

Admission and Total Voting Rights:

Application will be made for the admission of the 38,461,538 Placing Shares
to trading on the LSE ("Admission") pursuant to the authorities approved by
shareholders at the General Meeting on 8 July 2025. The shares will rank pari
passu with the existing ordinary shares and it is expected that Admission will
become effective at 8.00 a.m. on 30 April 2026.

 

Following Admission, the Company's issued share capital will consist
of 261,590,690 ordinary shares with voting rights. The Company does not hold
any ordinary shares in treasury. This figure of 261,590,690 may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they require to notify their interest in, or a change
to their interest in, the share capital of the Company under the UK Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

 

Stay up to date with QDE's latest news and updates by joining our email list
and social media channels, as follows:

 Website               https://quantumdata.energy (https://quantumdata.energy)
 General enquires      https://quantumdata.energy/contact (https://quantumdata.energy/contact)
 RNS email alerts      https://quantumdata.energy/news (https://quantumdata.energy/news)
 LinkedIn              https://www.linkedin.com/company/quantum-data-energy-plc/
                       (https://www.linkedin.com/company/quantum-data-energy-plc/)
 X (formerly Twitter)  https://x.com/QDEplc (https://x.com/QDEplc)
 YouTube channel       https://www.youtube.com/@quantumdata.energy
                       (https://www.youtube.com/@quantumdata.energy)

 

About Quantum Data Energy PLC:

Quantum Data Energy PLC (LSE: QDE) is a UK-based, revenue generating,
independent energy company. The Company develops, operates, and owns energy
production assets in the UK. The Company is listed on the London Stock
Exchange Main Market. The Company delivers flexible, modular power solutions
to the UK grid and AI datacentres, enabling scalable, reliable energy for
next-generation digital infrastructure. The Company has deep expertise in
infrastructure planning, grid access, gas access, and efficient power
supply. Its new AI power supply strategy is intended to position QDE as a
leading AI infrastructure platform on the London Stock Exchange.

 

ENDS

 

This announcement contains inside information for the purposes of the UK
version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ('UK MAR'). Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

 

 Pieter Krügel      contact@quantumdata.energy (mailto:contact@quantumdata.energy)  Quantum Data Energy PLC  CEO
 Guy Wheatley, CFA  +44 (0)203 4117773                                              Fortified Securities     Corporate Broker

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDBLLLLQZLBBBE



            Copyright 2019 Regulatory News Service, all rights reserved