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 | 1.00p |
Change Today | -0.025p |
% Change | -2.44 % |
52 Week High | 3.00 |
52 Week Low | 0.78 |
Volume | 1,586,575 |
Shares Issued | 1,291.31m |
Market Cap | £12.91m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
16:14 | 140,000 @ 1.00p |
15:41 | 15,595 @ 1.00p |
15:15 | 225,000 @ 1.00p |
15:14 | 24,485 @ 1.02p |
13:37 | 21,100 @ 1.00p |
You are here: research