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.
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Currency | UK Pounds |
Share Price | 1.05p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 3.00 |
52 Week Low | 0.78 |
Volume | 4,978,656 |
Shares Issued | 1,291.31m |
Market Cap | £13.56m |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:25 | 232,004 @ 1.08p |
16:18 | 92,255 @ 1.08p |
15:40 | 1,708 @ 1.10p |
15:38 | 1,357 @ 1.04p |
15:36 | 16,619 @ 1.04p |
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