KR1 plc - Issue of Equity PR Newswire

22 February 2021

KR1 PLC

(“KR1” or the “Company”)

Issue of Equity

KR1 plc (KR1:AQSE), a leading digital asset investment company, announces that 973,684 ordinary shares of 0.19p each in the Company (“Ordinary Shares”) have been issued following the exercise of an option granted under the Company’s share 2017 Share Option Scheme. The proceeds receivable by the Company on the exercise of the option, amount to approximately £1,875.

Application will be made for the new Ordinary Shares to be admitted to trading on the Apex segment of the AQSE Growth Market and admission is expected to become effective on 26 February 2021.

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, KR1 announces that, following the issue of Ordinary Shares referred to above, the Company now has 131,669,534 Ordinary Shares in issue, each share carrying the right to one vote.

This figure of 131,669,534 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The Directors of KR1 plc accept responsibility for this announcement.

--ENDS--

For further information please contact:

KR1 PLC
George McDonaugh
Keld van Schreven
Simon Nicol

+44 (0)16 2467 6716

simon@KR1.io
Peterhouse Capital Limited
Mark Anwyl
Allie Feuerlein
(AQSE Corporate Adviser)
+44 (0)20 7469 0930
Nominis Advisory Ltd
Angus Campbell               
(PR Adviser)
pr@KR1.io

About KR1 plc

KR1 is a leading digital asset investment company supporting early-stage decentralised and open source blockchain and DeFi projects. Founded in 2016 and publicly traded in London on the Apex segment of the AQSE Growth Market (KR1: AQSE), KR1 has built a notable reputation for generating significant returns by investing in many key projects that are designed to power the decentralised platforms and protocols that are emerging to form new internet infrastructures.

www.KR1.io

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).