By Josh White
Date: Friday 07 Jul 2023
LONDON (ShareCast) - (Sharecast News) - Quantum Blockchain Technologies announced on Friday that it has received a conversion notice from MC Strategies pertaining to its zero-coupon bond.
The AIM-traded firm said the bond, which it originally announced on 9 November 2020, allows MC Strategies to convert €1m of the bond into new shares in Quantum Blockchain at a conversion price of 1p apiece.
It said the notice from MC Strategies signalled its intent to convert €1m of the bond, resulting in the issue of new shares to the company.
"As a result, the company has issued and allotted 89,000,000 new shares," the Quantum Blockchain board said in its statement.
"Following the conversion, the face value of the remaining bond has decreased to €2,493,575."
At 1258 BST, shares in Quantum Blockchain Technologies were down 4.85% at 1.45p.
Reporting by Josh White for Sharecast.com.
Email this article to a friend
or share it with one of these popular networks:
| Currency | UK Pounds |
| Share Price | 0.73p |
| Change Today | 0.000p |
| % Change | 0.00 % |
| 52 Week High | 1.84p |
| 52 Week Low | 0.60p |
| Volume | 3,785,876 |
| Shares Issued | 1,465.23m |
| Market Cap | £10.62m |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income | ![]() |
|---|
| Growth |
|
|---|
| No dividends found |
| Time | Volume / Share Price |
| 16:21 | 17,967 @ 0.70p |
| 15:54 | 200,000 @ 0.70p |
| 13:38 | 5,000 @ 0.74p |
| 11:05 | 1,000,000 @ 0.71p |
| 11:03 | 16,782 @ 0.71p |
You are here: research