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Share Name Share Symbol Market Type Share ISIN Share Description
KR1 Plc NEX:KR1 NEX Ordinary Share IM00BYYPQX37
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 7.50p 6.50p 8.00p 7.50p 7.50p 7.50p 0 07:52:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - -

KR1 plc Completion of GBP 785,000 Fundraise

19/12/2018 7:00am

UK Regulatory (RNS & others)


 
TIDMKR1 
 
19 December 2018 
 
                                    KR1 Plc 
 
                           ("KR1" or the "Company") 
 
                      Completion of GBP 785,000 Fundraise 
 
KR1 Plc is pleased to announce that the Company has raised a total of GBP 
785,000 (before expenses) through a placing of 15,700,000 ordinary shares of 
0.19 pence each ("Ordinary Shares") at a price of 5 pence per share (the 
"Placing"). The funds raised will be used by KR1 to continue to make 
investments in the blockchain token community and to drive forward the 
Company's strategy. The Placing was undertaken by Peterhouse Capital Limited. 
 
KR1 has also issued a total of 800,000 Ordinary Shares at a price of 5p per 
share to two advisers to the Company in lieu of services rendered. 
 
In accordance with the Financial Conduct Authority's Disclosure and 
Transparency Rules, the Board of KR1 confirms that, following the Placing and 
the issue of Ordinary Shares to advisers, the Company has 126,889,175 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 132,889,175 shares in issue which carry 
voting rights. 
 
The figure of 132,889,175 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 Exchange Corporate Adviser: 
Peterhouse Capital Limited 
Mark Anwyl and Duncan Vasey 
+44 (0)20 7469 0930 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 

(END) Dow Jones Newswires

December 19, 2018 02:00 ET (07:00 GMT)

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