Quantum Blockchain Technologies Plc Call of Bondholders Meeting
March 30 2022 - 8:02AM
UK Regulatory
TIDMQBT
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 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.
END
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