logo-loader
RNS
KR1 PLC

KR1 plc - Buyback of Deferred Shares

KR1 Plc

("KR1" or the "Company")

Buyback of Deferred Shares

is pleased to announce that the Company has written to the holders of the 3,000,000 deferred A shares and 3,000,000 deferred B shares in the capital of the Company (“Deferred Shares”), offering to buy back the Deferred Shares at a price of  0.2 pence per Deferred Share (the “Buy-back”). The Company intends to cancel any Deferred Shares acquired in the Buy-back, to simplify the share capital of the Company.The Board of KR1

The Buy-back and cancellation will reduce the number of shares in the Company that carry voting rights and the Company will announce the result of the Buy-back in due course.

The Directors of the Company accept responsibility for the contents of this announcement.

--ENDS--

For further information please contact:

ENDS

AboutKR1 plc

KR1 is a leading digital asset investment company supporting early stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in (NEX:KR1), 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.London

www.KR1.io

+44 (0)16 2467 6716
                                     

 (NEX Corporate Adviser)
                                       +44 (0)20 7469 0934


 (PR Adviser)KR1 PLCPeterhouse Capital LimitedNominis Advisory LtdGeorge McDonaughStephen CorranFungai NdoroMark AnwylAngus Campbellstephen@kr1.iopr@kr1.io
NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read