16 May 2024
KR1 plc
("KR1" or
the "Company")
Ordinary Share Buyback: Transaction in Own
Shares
KR1 plc
announces that, on 15 May 2024, it
purchased ordinary shares of 0.19p each in the Company ("Ordinary
Shares") on the Aquis Stock Exchange through the Company's broker
to the buyback, Singer Capital Markets Securities Limited, as set
out below.
Exchange
Venue: Aquis Stock Exchange
Number of
Ordinary Shares purchased: 15,000
Highest
price paid (per Ordinary Share): 79p
Lowest
price paid (per Ordinary Share): 74.65p
Volume
weighted average price paid (per Ordinary Share): 76.1p
The
Ordinary Shares purchased will be held in Treasury and the
purchases form part of the Company's share buyback program as
announced on 15 May 2024.
Following
the settlement of the above purchases, the Company will have
177,369,520 Ordinary Shares in issue, of which 15,000 Ordinary
Shares are held in treasury. Therefore, the total number of
Ordinary Shares carrying voting rights will be
177,354,520.
The number
of 177,354,520 may be used by shareholders 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
Company under the FCA's Disclosure Guidance and Transparency
Rules.
--ENDS--
For
further information please contact:
KR1 plc
George McDonaugh
Keld van Schreven
Phone: +44
(0)1624 630 630
Email:
investors@KR1.io
Peterhouse
Capital Limited (Aquis
Corporate Adviser)
Mark Anwyl
Phone: +44
(0)20 7469 0930
Email:
info@peterhousecap.com
SEC
Newgate (Financial
Communications)
Bob Huxford
Ian Silvera
Atif Nawaz
Phone:
+44(0)20 3757 6882
Email:
KR1@secnewgate.co.uk
Singer
Capital Markets (Stockbroker
to the Buyback)
Robert Peel (Investment Banking)
Alex Bond (Investment Banking)
James Fischer (Investment Banking)
Sam Greatrex (Sales)
Alan Geeves (Sales)
James Waterlow (Sales)
William Gumpel (Sales)
Phone: +44
(0)20 7496 3000
Email:
enquiries@singercm.com
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 London on
the Aquis Growth Market (KR1:ASE), KR1 has one of the longest and
most successful track records of investment in the digital assets
space by investing in decentralised platforms and protocols that
are emerging to form new financial and 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).
