KR1 plc - Issue of Equity and Total Voting Rights PR Newswire

KR1 Plc

(“KR1” or the “Company”)

Issue of Equity and Total Voting Rights

KR1 announces that it has issued 789,473 ordinary shares of 0.19 pence each (“Ordinary Shares”) at a price of 10 pence per share, to a consultant of the Company for services rendered to the Company.

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Board of KR1 confirms that the Company now has 110,389,175 Ordinary Shares in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury.

The Company also has 3,000,000 deferred A shares and 3,000,000 deferred B shares in issue, each share carrying the right to one vote. The Company does not hold any deferred A shares or deferred B shares in treasury.

Accordingly, the Company has a total of 116,389,175 shares in issue which carry voting rights.

The figure of 116,389,175 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 Financial Conduct Authority's Disclosure and Transparency Rules.

The directors of the issuer accept responsibility for the contents of this announcement.

-ENDS-

Contact Details:

KR1 Plc
Stephen Corran
+44 (0)16 2467 6716
scorran@bridgewaters.co.im

NEX Corporate Adviser:
Peterhouse Capital Limited
Fungai Ndoro and Mark Anwyl
+44 (0)20 7469 0930