Quantum Blockchain Technologies Plc Extension of Zero Coupon Bond
09 Gennaio 2024 - 5:19PM
UK Regulatory
TIDMQBT
9 January 2024
Quantum Blockchain Technologies Plc
( "QBT" or "the Company")
?3.5m Zero-Coupon Bond - Maturity Extension and amendment of YTM
Quantum Blockchain Technologies (AIM: QBT) announces that the Company has agreed
with MC Strategy S.A. (an Eufingest S.A. demerged Company), the sole Bondholder
of the Company's ?3.5m Zero-Coupon Bond ("Bond") issued in 2020 (as initially
announced on 9 November 2020) and then partially converted into QBT new ordinary
shares for ?1m on 7 July 2023, to extend the maturity of the Bond from 15
December 2024 to 15 December 2026.
At the same time QBT and MC Strategy S.A. agreed to change the yield to maturity
from 1% to 3%.
All other terms of the New Bond remain unchanged.
The face value of the remaining Bond is ?2,708,170.
-ends-
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms partof 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.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/quantum-blockchain-technologies-plc/r/extension-of-zero-coupon-bond,c3906491
END
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