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Temporary Suspension and Amendment to Equity Raise
Quantum Data Energy PLC has requested a temporary suspension of its listing from the Official List and trading on the London Stock Exchange, effective May 1, 2026, pending the publication of its financial report and the appointment of a new auditor. The company has also amended its equity fundraise, which will now be completed in two stages via a conditional direct subscription. Stage 1 involves the issue of 19,230,770 new ordinary shares at 2.6 pence each, with completion expected by April 30, 2026. Stage 2 involves a conditional issue of 19,230,768 shares at the same price, subject to share trading, receipt of funds, and regulatory approvals, with a deadline of July 15, 2026. Following the Stage 1 admission, the company's issued share capital will be 242,359,922 ordinary shares. Disclaimer*
About this update from Quantum Data Energy Plc
Quantum Data Energy PLC (Incorporated in England and Wales) (Registration Number: 12886458) LEI :213800HFVHGJ9YGO9F71 Share code on the LSE: QDE ISIN: GB00BNG90H86 Dated: 29 April 2026 Quantum Data Energy PLC ("Quantum", "QDE" or the "Company") Temporary Suspension and Amendment to Equity Fundraise London, UK - Quantum Data Energy PLC (LSE: QDE) announces, further to its RNS announcement earlier today (RNS Number: 2880C), the Company has requested, from 7:30 a.m. on 1 May 2026, a temporary suspension of its listing from the Official List and from trading on the London Stock Exchange as required under UKLR 21.3. The request and temporary suspension can be withdrawn in writing at any time, subject to the Company's financial report having been published. The Company is making good progress with appointing a new auditor, and will update the market in due course as to the timetable for the audit to be completed. Notwithstanding the temporary suspension of the Company's listing from the Official List and from trading in the Company's ordinary shares, the Company will continue to make announcements as required under the UK Listing Rules. Amendment to Equity Fundraise Further to the Company's RNS announcement dated 23 April 2026, the Company has agreed an amendment to the original equity fundraise and subscription with the subscribers (the "Raise"). The total gross proceeds of the Raise as previously announced remain unchanged, but has been amended to be completed via a conditional direct subscription into the Company in two-stages (the "Subscription"). The Subscription will be carried out by the issue of 19,230,770 new ordinary shares of £0.001 each (the "Stage 1 Subscription Shares") in the capital of the Company at a price per share of 2.6 pence (the "Subscription Price") (the "Stage 1 Subscription"), and the conditional issue of 19,230,768 new ordinary shares of £0.001 each (the "Stage 2 Subscription Shares") at the Subscription Price per share (the "Stage 2 Subscription"). The Stage 2 Subscription will be subject to (i) the Ordinary Shares trading, (ii) the funds in respect of the Stage 2 Subscription being received by a date to be notified by the Company to the investors, and (iii) the Company having all required legal and regulatory approvals in order to allot and issue the St...
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