19 January 2022
(“KR1” or the “Company”)
KR1 plc (KR1:AQSE), a leading digital asset investment company, announces that 1,973,684 ordinary shares of 0.19p each in the Company (“Ordinary Shares”) have been issued to Janos Berghorn, a PDMR at the Company, following the exercise of an option granted under the Company’s 2017 Share Option Scheme. The option exercise price was 0.19p per share, and the proceeds receivable by the Company, amounting to approximately £3,750, will be used for general working capital purposes.
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 Tuesday, 25 January 2022.
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 152,798,082 Ordinary Shares in issue, each share carrying the right to one vote.
This figure of 152,798,082 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.
For further information please contact:
Keld van Schreven
|+44 (0)1624 630 630|
|Peterhouse Capital Limited (AQSE Corporate Adviser)
|+44 (0)20 7469 0930|
|FTI Consulting LLP (PR Adviser)
|+44 (0)7711 387 085
About KR1 plc
KR1 plc is a leading digital asset investment company supporting early-stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in
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).
|Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.|
|1||Details of the person discharging managerial responsibilities / person closely associated|
|2||Reason for the notification|
|b)||Initial notification /Amendment||Initial|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|4||Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted|
|a)||Description of the financial instrument, type of instrument
Ordinary shares of
|b)||Nature of the transaction||Exercise of Options|
|c)||Price(s) and volume(s)||1,973,684 Ordinary Shares at 0.19p per share|
- Aggregated volume
|e)||Date of the transaction||19 January 2022|
|f)||Place of the transaction||Not a market transaction|