THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS OF SUCH JURISDICTION.

3 April 2025

Quantum Base Holdings plc

("Quantum Base" or the "Company")

Result of RetailBook Offer

Quantum Base announced on 1 April 2025 the launch of an exempt public offer of up to 4,329,004 new Ordinary Shares (the "RetailBook Offer Shares"), at the Issue Price of 23.1 pence per share, to retail investors in the UK via RetailBook in connection with its proposed admission to trading on AIM. (the "RetailBook Offer", together with the Institutional Offer, the "Fundraise").

The Company is pleased to announce that the RetailBook Offer, which was significantly oversubscribed, successfully completed and closed at 11:00 a.m. on 3 April 2025 and that it has conditionally raised approximately £1,000,000 and will therefore issue the RetailBook Offer Shares in full.

Following the close of the RetailBook Offer, the Company has conditionally raised gross proceeds of approximately £4,800,000 at the Issue Price via the Fundraise. The Company will therefore issue and allot a total of 20,832,016 new Ordinary Shares to satisfy the Fundraising.

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Company's announcement of 1 April 2025.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for 64,080,319 Ordinary Shares (being the Company's issued share capital as enlarged by the Fundraise) to be admitted to trading on trading on AIM. Admission is expected to take place and dealings in the Shares are expected to commence at 8.00 a.m. on 4 April 2025, at which time it is also expected that the Ordinary Shares will be enabled for settlement in CREST.

Enquiries: 

Notes:

References to times in this Announcement are to London time unless otherwise stated.

The times and dates mentioned throughout this Announcement may be adjusted by the Company in which event the Company will make an appropriate announcement to a Regulatory Information Service giving details of any revised dates and the details of the new times and dates will be notified to London Stock Exchange plc (the "London Stock Exchange") and, where appropriate, Shareholders. Shareholders may not receive any further written communication.

IMPORTANT INFORMATION

This Announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This Announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

This Announcement and the information contained herein, is restricted and is not for publication, release or distribution, directly or indirectly, in whole or in part, in or into Australia, Canada, the Republic of South Africa, Japan or any other jurisdiction in which such publication, release or distribution would be unlawful.  Further, this Announcement is for information purposes only and is not an offer of securities in any jurisdiction.