KR1 plc Director's Interest
01 Julio 2021 - 8:34AM
UK Regulatory
TIDMKR1
1 July 2021
KR1 PLC
("KR1" or the "Company")
Director's Interest
KR1 plc (KR1:AQSE), a leading digital asset investment company, announces that
767,236 ordinary shares of 0.19p each in the Company ("Ordinary Shares") have
been issued following the exercise of an option by Rhys Davies, a Non-executive
Director of the Company. The option exercise price was 19.55p per share and the
proceeds receivable by the Company, amounting to approximately £150,000, will
be used for general working capital purposes.
Following the exercise of the option, Mr Davies is interested in 767,236
Ordinary Shares, representing 0.6% of the Company's issued ordinary share
capital.
Application will be made for the new Ordinary Shares to be admitted to trading
on the APX segment of the AQSE Growth Market and admission is expected to
become effective on 7 July 2021.
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 132,436,770 Ordinary Shares in issue,
each share carrying the right to one vote.
This figure of 132,436,770 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.
--ENDS--
For further information please contact:
KR1 PLC
George McDonaugh +44 (0)16 2467 6716
Keld van Schreven
Simon Nicol simon@KR1.io
Peterhouse Capital Limited (AQSE Corporate Adviser)
Mark Anwyl +44 (0)20 7469 0930
Allie Feuerlein
Nominis Advisory Ltd (PR Adviser)
Angus Campbell pr@KR1.io
About KR1 plc
KR1 is a leading digital asset investment company supporting early-stage
decentralised and open source blockchain and DeFi projects. Founded in 2016 and
publicly traded in London on the APX segment of the AQSE Growth Market (KR1:
AQSE), KR1 has built a notable reputation for generating significant returns by
investing in many key projects that are designed to power the decentralised
platforms and protocols that are emerging to form new 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).
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
a) Name Rhys Davies
2 Reason for the notification
a) Position/ Non-Executive Director
status
b) Initial Initial
notification /
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name KR1 Plc
b) LEI 213800WFTIIBY5SBCL19
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 Ordinary shares of 0.19 pence each
instrument,
type of ISIN: IM00BYYPQX37
instrument
Identification
code
b) Nature of the Exercise of Options
transaction
c) Price(s) and 767,236 Ordinary Shares at 19.55p per share
volume(s)
d) Aggregated
information
- Aggregated N/A
volume
- Price
e) Date of the 1 July 2021
transaction
f) Place of the Not a market transaction
transaction
END
(END) Dow Jones Newswires
July 01, 2021 09:34 ET (13:34 GMT)
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