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Pin to quick picksQuantum Block Regulatory News (QBT)

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Call of Bondholders Meeting

30 Mar 2022 14:02

Quantum Blockchain Technologies Plc - Call of Bondholders Meeting

Quantum Blockchain Technologies Plc - Call of Bondholders Meeting

PR Newswire

London, March 30

30 March 2022

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

Call of Bondholders’ Meeting

Quantum Blockchain Technologies (AIM: QBT) announces that it has written to the holders of the Company’s Zero-Coupon Bond, originally issued in 2013 (the “Bond”), calling a meeting at 10.00 am on Wednesday 21 April 2022, at the Company’s registered office seeking Bondholders’ approval of the following proposals (the “Proposals”);

to extend the maturity of the Bond from 15 December2022 to 15 December 2024; to amend certain terms of the Bondholders’ conversion right, modifying the conversion price from £0.15 to £0.05.

All holders of the Bond are entitled to vote on the Proposals. Eufingest SA (“Eufingest”), which holds €3m out of the €4.8m total face value of the Bond currently in issue, has confirmed to the Company that it intends to vote in favour of the Proposals.

The Bondholders' meeting requires a quorum of two Bondholders holding at least 66.66 per cent of the Bonds. If the meeting is inquorate, it will be adjourned for 14 days. At any adjourned meeting, any number of Bondholders will represent a valid quorum.

Bondholders who wish to vote and whose Bonds are held in the name of a broker, dealer, commercial bank, trust company or other nominee institution (including as CDIs) must contact such nominee promptly and instruct or make arrangements with such nominee to vote in accordance with the customary procedures of the clearing systems on behalf of the bondholders. Proxies are due no later than 10.00 am on 19 April 2022.

-ends-

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 PlcFrancesco Gardin, CEO and Executive Chairman +39 335 296573

SP Angel Corporate Finance (Nominated Adviser & Broker)Jeff Keating +44 (0)20 3470 0470Kasia 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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21st Apr 202211:43 amPRNResult of Bondholders Meeting
6th Apr 20227:00 amPRNZero Coupon Bond - Maturity Extension
31st Mar 20227:00 amPRNExercise of Warrants
30th Mar 20222:02 pmPRNCall of Bondholders Meeting
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