Business
Grant of LTIP Awards
Quantum Base Holdings PLC announced on December 11, 2025, the grant of Long Term Incentive Plan awards to key personnel, including the CEO, Co-Founder & Chief Science Officer, and CTO, totaling 1,309,522 ordinary shares with an exercise price of GBP 0.001 each. These performance share awards will vest from May 1, 2028, contingent on continued service and achieving total shareholder return targets between 100% and 200% over a three-year performance period, with the base TSR calculated from the IPO offer price of 23.1p. Additionally, 915,103 shares were awarded to fourteen other employees with service-based vesting. Disclaimer*
About this update from Quantum Base Holdings Plc
[{"type":"text","content":"\n\n12 December 2025\n \n \nQuantum Base Holdings plc\n(\"Quantum Base\" or the \"Company\")\nNotification and public disclosure of transactions by PDMRS\nGrant of LTIP Awards\nQuantum Base (AIM: QUBE), the quantum science company focused on creating a new global standard in authentication, announces that on 11 December 2025, the following awards (\"Awards\") over ordinary shares of GBP 0.001 each in the Company (\"Shares\") were granted under the Quantum Base Holdings PLC Long Term Incentive Plan (\"LTIP\") to the following persons discharging managerial responsibilities:\n\n\n\n\nParticipant\n\n\nPosition\n\n\nAward Designation\n\n\nNumber of Shares under Award\n\n\n\n\nTom Taylor\n\n\nChief Executive Officer\n\n\nPerformance Share Award\n\n\n568,181\n\n\n\n\nProf. Robert Young\n\n\nCo-Founder & Chief Science Officer\n\n\nPerformance Share Award\n\n\n568,181\n\n\n\n\nDavid Howarth\n\n\nChief Technology Officer\n\n\nPerformance Share Award\n\n\n173,160\n \n\n\n\n\nThe Awards were granted as options with an associated option exercise price of GBP 0.001 per share.\nThe Awards will ordinary vest and become exercisable as from 1 May 2028, subject to the grantee's continued service and to the extent to which the Award's performance conditions are met.\nAs summarised in the table immediately below; such performance conditions set threshold to stretch targets in respect of the Company's total shareholder return (\"TSR\") over the period 1 May 2025 to 30 April 2028 (the \"Performance Period\"). No portion of the Awards shall performance vest unless the Company's TSR over the Performance Period reaches the threshold target, for which 25% of the Awards would performance vest, rising on a straight line basis to full performance vesting of the Awards for the Company's TSR over the Performance Period being equal to the stretch target or better.\n\n\n\n\nTSR over the Performance Period\n\n\n% of the Awards that vests\n\n\n\n\nBelow 100%\n\n\nNil\n\n\n\n\n100%\n\n\n25%\n\n\n\n\nGreater than 100% but less than 200%\n\n\nCalculated on a straight line basis between 25% and 100%\n\n\n\n\n200% or above\n\n\n100%\n\n\n\n\nThe base point for starting TSR shall be a share price of 23.1p (the Company's offer price at time of IPO earlier this year) and a one month averaging period looking back from the end of the Perfo...