Last checked at 27 Sep 2021 07:00
Quantum Blockchain Technologies Plc - Grant of Options to StaffQuantum Blockchain Technologies Plc - Grant of Options to Staff
PR Newswire
London, September 27
27 September 2021
Quantum Blockchain Technologies Plc
(“QBT” or “the Company”)
Grant of Options to staff and key consultants
The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to inform shareholders that, as part of its new research and development (‘R&D’) strategy in respect of disruptive proprietary technology for Bitcoin mining, the Company has entered into a number of consultancy agreements with UK and Italian based experts.
Pursuant to their contractual agreements with the Company certain consultants, members of the R&D team and in house staff have been granted a total of 22,500,000 options over new ordinary shares (the “Options”) of 0.25 pence each in the Company (“Ordinary Shares”) in two tranches as follows:
Options over 12,500,000 Ordinary Shares exercisable at 5 pence per new Ordinary Share with an exercise period of:
| Options granted | Exercise Period |
| 2,500,000 | 06/05/2022 – 06/05/2024 |
| 5,000,000 | 06/05/2022 – 06/05/2025 |
| 5,000,000 | 06/05/2022 – 06/05/2026 |
Options over 10,000,000 Ordinary Shares exercisable at 10 pence per new Ordinary Share with an exercise period of:
| Options granted | Exercise Period |
| 5,000,000 | 06/05/2023 – 06/05/2025 |
| 5,000,000 | 06/05/2023 – 06/05/2026 |
Francesco Gardin, CEO and Chairman commented: “We are extremely pleased with the high standard
of quality of the Company’s R&D team and management, which is going to be a key factor in reaching positive R&D results in the short, medium and long term. On this note, the Company is happy to share risk and potential high returns with them.”
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
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.