REG - Quantum Data Energy - Temporary Suspension and Amendment to Equity Raise

Quantum Data EnergyAnnouncement

29/04/2026 15:30

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RNS Number : 4487C  Quantum Data Energy PLC  29 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: 29 April 2026

 

Quantum Data Energy PLC

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

 

Temporary Suspension

and Amendment to Equity Fundraise

 

London, UK - Quantum Data Energy PLC (LSE: QDE) announces, further to its RNS
announcement earlier today (RNS Number: 2880C), the Company has requested,
from 7:30 a.m. on 1 May 2026, a temporary suspension of its listing from the
Official List and from trading on the London Stock Exchange as required under
UKLR 21.3. The request and temporary suspension can be withdrawn in writing at
any time, subject to the Company's financial report having been published. The
Company is making good progress with appointing a new auditor, and will update
the market in due course as to the timetable for the audit to be completed.

 

Notwithstanding the temporary suspension of the Company's listing from the
Official List and from trading in the Company's ordinary shares, the Company
will continue to make announcements as required under the UK Listing Rules.

 

Amendment to Equity Fundraise

Further to the Company's RNS announcement dated 23 April 2026, the Company has
agreed an amendment to the original equity fundraise and subscription with the
subscribers (the "Raise"). The total gross proceeds of the Raise as previously
announced remain unchanged, but has been amended to be completed via a
conditional direct subscription into the Company in two-stages (the
"Subscription").

 

The Subscription will be carried out by the issue of 19,230,770 new ordinary
shares of £0.001 each (the "Stage 1 Subscription Shares") in the capital of
the Company at a price per share of 2.6 pence (the "Subscription Price") (the
"Stage 1 Subscription"), and the conditional issue of 19,230,768 new ordinary
shares of £0.001 each (the "Stage 2 Subscription Shares") at the
Subscription Price per share (the "Stage 2 Subscription").

 

The Stage 2 Subscription will be subject to (i) the Ordinary Shares trading,
(ii) the funds in respect of the Stage 2 Subscription being received by a date
to be notified by the Company to the investors, and (iii) the Company having
all required legal and regulatory approvals in order to allot and issue the
Stage 2 Subscription Shares (the "Stage 2 Conditions").

 

Subscription Terms:

The Subscription will be completed over two stages:

 

Stage 1 Subscription- The investors have subscribed for 19,230,770 Stage 1
Subscription Shares in the Company on the terms described above and below.

 

Stage 2 Subscription - The investors have conditionally subscribed for
19,230,768 Stage 2 Subscription Shares in the Company on the terms described
above and below, which includes the Stage 2 Conditions being satisfied.
Further announcements will be made in due course on the Stage 2 Subscription.

 

Completion of the Stage 1 Subscription is subject to (i) funds being received
in respect of the Stage 1 Subscription, (ii) the Stage 1 Subscription Shares
being issued to the investors, and (iii) the Stage 1 Subscription Shares being
admitted ((ii) and (iii) are to be carried out on or before 30 April 2026).

 

Completion of the Stage 2 Subscription is subject to the Stage 2 Conditions
and the Stage 2 Subscription Shares being admitted by no later than 15 July
2026.

 

Use of funds

The use of funds remains the same as previously announced on 23 April 2026.

 

Admission and Total Voting Rights:

Application will be made for the admission of the19,230,770 Subscription
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 242,359,922 ordinary shares with voting rights. The Company does not hold
any ordinary shares in treasury. This figure of 242,359,922 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

 

 

 

 

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