Business
Appointment of Director and Restoration of Trading
Appointment of Director and Restoration of Trading.
About this update from Quantum Blockchain Technologies Plc
[{"type":"text","content":"\n \n 12 September 2022\n \n Quantum Blockchain Technologies Plc\n \n( “QBT” or “the Company”)\n Appointment of New Director\n and\n Restoration of Trading\n The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to announce the appointment of Peter Fuhrman as non-executive director with immediate effect.\n Peter has extensive experience in high-technology, semiconductors, finance and investment industries. He graduated summa cum laude with a bachelor’s degree in Chinese History from Tufts University in 1980, and with a master’s degree in International Relations from Cambridge University in 1985. He did postgraduate studies at Nanjing University and as a Yale-in-China Fellow at the Chinese University of Hong Kong.\n Currently, Peter is chairman and chief executive of China First Capital which advises on and invests in the technology sector with expertise, inter alia, in China’s semiconductor industry, advanced manufacturing, robotics, precision automation, nano-positioning and photonics. He is also a strategic adviser on advanced technologies and market expansion to the board and chairman of one of China’s largest listed high-technology manufacturing companies and to one of Germany’s largest semiconductor technology companies. Peter was previously CEO of Los Angeles based Awareness Technologies, a cloud-based enterprise security software company (which he successfully sold in 2008) and Head of Europe for the publisher, Forbes Inc.\n In addition to the appointment of Mr Fuhrman, the Company has committed to appoint a further non-executive director to its board within the next three months. Further announcements regarding such appointment will be made in due course.\n As stated in the Company’s announcement on 16 August 2022, trading in QBT’s ordinary shares were suspended as a result of the Company having only one director (Francesco Gardin) and therefore being unable to comply with Companies Act requirement to have at least two directors. Following the appointment of Mr Fuhrman, trading in the Company’s AIM securities will resume with effect from 7.30am on 12 September 2022.\n \n Francisco Gardin, CEO and Executive Chairman commented:\n “I have known Peter for some time, and I have always been impressed by his views on technology and its economic impact.\n \n “I believe that Peter's appointment to th...