Quantum Data Energy PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

LEI :213800HFVHGJ9YGO9F71

Share code on the LSE: QDE

ISIN: GB00BNG90H86

Dated: 29 April 2026

Quantum Data Energy PLC

("Quantum", "QDE" or the "Company")

Temporary Suspension

and Amendment to Equity Fundraise

London, UK - Quantum Data Energy PLC (LSE: QDE) announces, further to its RNS announcement earlier today (RNS Number: 2880C), the Company has requested, from 7:30 a.m. on 1 May 2026, a temporary suspension of its listing from the Official List and from trading on the London Stock Exchange as required under UKLR 21.3. The request and temporary suspension can be withdrawn in writing at any time, subject to the Company's financial report having been published. The Company is making good progress with appointing a new auditor, and will update the market in due course as to the timetable for the audit to be completed.

Notwithstanding the temporary suspension of the Company's listing from the Official List and from trading in the Company's ordinary shares, the Company will continue to make announcements as required under the UK Listing Rules.

Amendment to Equity Fundraise

Further to the Company's RNS announcement dated 23 April 2026, the Company has agreed an amendment to the original equity fundraise and subscription with the subscribers (the "Raise"). The total gross proceeds of the Raise as previously announced remain unchanged, but has been amended to be completed via a conditional direct subscription into the Company in two-stages (the "Subscription").

The Subscription will be carried out by the issue of 19,230,770 new ordinary shares of £0.001 each (the "Stage 1 Subscription Shares") in the capital of the Company at a price per share of 2.6 pence (the "Subscription Price") (the "Stage 1 Subscription"), and the conditional issue of 19,230,768 new ordinary shares of £0.001 each (the "Stage 2 Subscription Shares") at the Subscription Price per share (the "Stage 2 Subscription").

The Stage 2 Subscription will be subject to (i) the Ordinary Shares trading, (ii) the funds in respect of the Stage 2 Subscription being received by a date to be notified by the Company to the investors, and (iii) the Company having all required legal and regulatory approvals in order to allot and issue the Stage 2 Subscription Shares (the "Stage 2 Conditions").

Subscription Terms:

The Subscription will be completed over two stages:

Stage 1 Subscription- The investors have subscribed for 19,230,770 Stage 1 Subscription Shares in the Company on the terms described above and below.

Stage 2 Subscription - The investors have conditionally subscribed for 19,230,768 Stage 2 Subscription Shares in the Company on the terms described above and below, which includes the Stage 2 Conditions being satisfied. Further announcements will be made in due course on the Stage 2 Subscription.

Completion of the Stage 1 Subscription is subject to (i) funds being received in respect of the Stage 1 Subscription, (ii) the Stage 1 Subscription Shares being issued to the investors, and (iii) the Stage 1 Subscription Shares being admitted ((ii) and (iii) are to be carried out on or before 30 April 2026).

Completion of the Stage 2 Subscription is subject to the Stage 2 Conditions and the Stage 2 Subscription Shares being admitted by no later than 15 July 2026.

Use of funds

The use of funds remains the same as previously announced on 23 April 2026.

Admission and Total Voting Rights:

Application will be made for the admission of the19,230,770 Subscription Shares to trading on the LSE ("Admission") pursuant to the authorities approved by shareholders at the General Meeting on 8 July 2025. The shares will rank pari passu with the existing ordinary shares and it is expected that Admission will become effective at 8.00 a.m. on 30 April 2026.

Following Admission, the Company's issued share capital will consist of 242,359,922 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury. This figure of 242,359,922 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Stay up to date with QDE's latest news and updates by joining our email list and social media channels, as follows:

About Quantum Data Energy PLC:

Quantum Data Energy PLC (LSE: QDE) is a UK-based, revenue generating, independent energy company. The Company develops, operates, and owns energy production assets in the UK. The Company is listed on the London Stock Exchange Main Market. The Company delivers flexible, modular power solutions to the UK grid and AI datacentres, enabling scalable, reliable energy for next-generation digital infrastructure. The Company has deep expertise in infrastructure planning, grid access, gas access, and efficient power supply. Its new AI power supply strategy is intended to position QDE as a leading AI infrastructure platform on the London Stock Exchange.

ENDS

This announcement contains inside information for the purposes of the UK version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ('UK MAR'). Upon the publication of this announcement, this inside information is now considered to be in the public domain.