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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 6.55p 7.50p 68,775 16:30:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - -

KR1 plc Exercise of Warrants, Holding in Company and TVR

27/02/2019 7:00am

UK Regulatory (RNS & others)


 
TIDMKR1 
 
KR1 PLC 
 
                           ("KR1" or the "Company") 
 
       Exercise of Warrants, Holding in Company and Total Voting Rights 
 
KR1 announces that yesterday, the Company issued 3,806,675 new ordinary shares 
of 0.19 pence each in the Company ("Ordinary Shares") following the exercise of 
3,806,675 warrants, due to expire on 14 March 2019 (the "Warrants"). The 
Warrants were exercised at a price of 0.76 pence each and the proceeds of GBP 
28,930 will be used by the Company for additional working capital. 
 
Following the exercise of the Warrants, the Company's issued ordinary share 
capital is 130,695,850 Ordinary Shares. 
 
The Company has been notified that, following the allotment of Ordinary Shares 
pursuant to the Warrant exercise, Adam Powell now holds a total of 8,806,675 
Ordinary Shares, representing 6.73 per cent. of the Ordinary Shares in issue 
and 6.44 per cent of the total shares in issue which carry voting rights. 
 
In accordance with the Financial Conduct Authority's Disclosure and 
Transparency Rules, the Board of KR1 confirms that the Company has 130,695,850 
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 136,695,850 shares in issue which carry 
voting rights. 
 
The figure of 136,695,850 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 
 
 
 
END 
 

(END) Dow Jones Newswires

February 27, 2019 02:00 ET (07:00 GMT)

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