Quantum Blockchain Technologies Plc - Renewal of Warrants

About this update from Quantum Blockchain Technologies Plc

28 May 2026 Quantum Blockchain Technologies plc ("QBT" or "the Company") Renewal of Warrants QBT (AIM: QBT), the AIM-listed research and development company focused on blockchain technologies, is pleased to announce that, further to the expiry of previously issued warrants on 6 May 2026, the Board has approved the grant of new warrants over approximately 269,500,000 ordinary shares of £0.0025 each in the capital of the Company (the "Warrants") to certain directors, employees and consultants. The Warrants are being granted on substantially the same basis as the expired instruments, with the same number of warrants being reallocated to the same recipients, save for: ·               the removal of allocations to former directors who have passed away; ·               an increase in allocation to a key employee; and ·               an increase in allocation to Mark Trafeli and Vladmir Kusznirczuk, the Company's non-executive directors. 136,000,000 Warrants will be exercisable at 2.5 pence each, and 133,500,000 Warrants will be exercisable at 5 pence each. All Warrants will expire on 31 December 2028. The Warrants vest immediately and are being issued under a new warrant instrument. The purpose of the grant is to ensure continued alignment of management, employees and consultants with shareholders following the lapse of the previous warrant arrangements. An additional 5,000,000 of the old warrants originally issued to the late former Non-Executive Director; Reg Eccles remain in issue until December 2026. Further to the grant of the Warrants, the total number of the Company's warrants represents approximately 17% of the non-diluted issued share capital of the Company. Issue of Warrants to Directors 59,500,000 of the Warrants were issued to employees and consultants of the Company, and 210,000,000 of the Warrants were issued to directors of the Company, as set out in the table below: +------------+---------------------------------+-----------+--------------+ |Grantee |Position |No. of |Exercise price| | | |Warrants |(pence per | | | | |share) | +------------+---------------------------------+-----------+--------------+ |Infusion |Related Party to Francesco ...

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