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DJ KR1 plc Buyback of Deferred Shares

 
TIDMKR1 
 
KR1 Plc 
 
                           ("KR1" or the "Company") 
 
                          Buyback of Deferred Shares 
 
The Board of KR1 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 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: 
 
KR1 PLC 
George McDonaugh                            +44 (0)16 2467 6716 
Stephen Corran                              stephen@kr1.io 
 
Peterhouse Capital Limited (NEX Corporate 
Adviser)                                    +44 (0)20 7469 0934 
Fungai Ndoro 
Mark Anwyl 
 
Nominis Advisory Ltd (PR Adviser) 
Angus Campbell                              pr@kr1.io 
 
ENDS 
 
About KR1 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 London (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. 
 
www.KR1.io 
 
 
 
END 
 

(END) Dow Jones Newswires

July 08, 2019 10:26 ET (14:26 GMT)