Quantum Blockchain Technologies (QBT)

Sector:

Financials

Index:

FTSE AIM All-Share

 3.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 3.85
  • 52 Week Low: 0.22
  • Currency: UK Pounds
  • Shares Issued: 915.05m
  • Volume: 0
  • Market Cap: £28.37m
  • Beta: 1.12

Clear Leisure reaches 'full and final' £1.15m settlement

By Josh White

Date: Wednesday 12 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Clear Leisure announced on Wednesday that, following the case management conference at the High Court on 9 November, a full and final settlement has been reached with the defendants in the sum of £1.15m before legal and insurance expenses of nearly £0.3m payable in cash to the company.
The AIM-traded firm said the settlement would be paid in two tranches, with the first being £0.5m payable by 14 December and the second tranche of £0.65m payable by 7 March next year.

"We are very pleased to have settled this case before the planned court hearing next year and for a sum which we believe reflects the appropriate outcome of our original investment, under the original share purchase agreement," said Clear Leisure executive chairman and chief executive officer Francesco Gardin.

"This is the company's second successful asset disposal since the new board was appointed in 2015, and we will continue to prosecute strenuously our other investments where we believe the chance of achieving a positive financial settlement is high."

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QBT Market Data

Currency UK Pounds
Share Price 3.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 3.85
52 Week Low 0.22
Volume 0
Shares Issued 915.05m
Market Cap £28.37m
Beta 1.12

QBT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.55% above the market average26.55% above the market average26.55% above the market average26.55% above the market average26.55% above the market average
22.48% above the sector average22.48% above the sector average22.48% above the sector average22.48% above the sector average22.48% above the sector average
Price Trend
99.69% above the market average99.69% above the market average99.69% above the market average99.69% above the market average99.69% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
37.91% above the market average37.91% above the market average37.91% above the market average37.91% above the market average37.91% above the market average
32.77% above the sector average32.77% above the sector average32.77% above the sector average32.77% above the sector average32.77% above the sector average

QBT Dividends

No dividends found

Trades for --2021

Time Volume / Share Price
0 @ 0.000p

QBT Key Personnel

Chair Francesco Gardin

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