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Share Name Share Symbol Market Type Share ISIN Share Description
Quantum Blockchain Technologies Plc LSE:QBT London Ordinary Share GB00B50P5B53 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.075 -7.14% 0.975 0.95 1.00 1.05 0.95 1.05 9,729,865 16:02:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 0.0 -4.6 52.2 0.0 10

Quantum Blockchain Technologies Plc Appointment of Director and Restoration of Trading

12/09/2022 7:00am

UK Regulatory (RNS & others)


 
TIDMQBT 
 
12 September 2022 
 
                      Quantum Blockchain Technologies Plc 
                           ( "QBT" or "the Company") 
 
                          Appointment of New Director 
 
                                      and 
 
                            Restoration of Trading 
 
The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to announce 
the appointment of Peter Fuhrman as non-executive director with immediate 
effect. 
 
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. 
 
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. 
 
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. 
 
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. 
 
Francisco Gardin, CEO and Executive Chairman commented: "I have known Peter for 
some time, and I have always been impressed by his views on technology and its 
economic impact. 
 
"I believe that Peter's appointment to the Board will have a strong positive 
impact, not only because of his experience, but also due to his vast network 
that he has developed in over 30 years of international business in the US, 
Europe and China." 
 
The following information is disclosed pursuant to Rule 17 and Schedule Two 
paragraph (g) of the AIM Rules for Companies in relation to Peter Scott 
Fuhrman, aged 63: 
 
 Current directorships and/or            Former directorships and/or partnerships 
partnerships:                            (within the last five years): 
 
China First Capital Limited              N/A 
China First Capital Investment Limited 
 
Mr Fuhrman was a director of San Vicente Group Inc from 2001 until 2003. In 
January 2003, San Vicente filed for Chapter 11 Bankruptcy Protection ("Chapter 
11") and exited Chapter 11 in May 2004. 
 
Mr Fuhrman does not hold any shares in the Company. 
 
Pursuant to his contract of employment with the Company, Mr Fuhrman is entitled 
to 5,000,000 options over new ordinary shares of 0.25p in the Company 
("Ordinary Shares") 2,500,000 of which are exercisable at the price of 5p per 
new Ordinary Share with the remaining 2,500,000 exercisable at 10p per new 
Ordinary Share (the "Options"). 
 
The Options have not yet been granted. The Company will make a further 
announcement in due course pursuant to the grant of the Options. 
 
There are no further disclosures required under Schedule 2(g) of the AIM Rules 
for Companies. 
 
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 
 
 

(END) Dow Jones Newswires

September 12, 2022 02:00 ET (06:00 GMT)

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