Rns10 May 2021 15:52
KR1 PLC
("KR1" or the "Company")
Unsolicited Listings of Company Shares
The Company has recently been made aware of KR1 shares being traded on the
Frankfurt Stock Exchange under the ticker 'K4H' and, previously, in other
markets including a United States OTC market under the ticker 'KROEF' and
Germany's Stuttgart Stock Exchange under the ticker 'K4H'.
With the Frankfurt Stock Exchange being among the largest markets in the world,
the Board of Directors would like to take this opportunity to clarify that none
of these listings have been initiated or endorsed by the Company and that the
Company does not accept any responsibility for these listings. At this time,
the Company does not have any plans to engage in any listing activities in the
United States or in Germany.
Individuals engaging in these markets should be careful of the rapidly evolving
regulatory environment in these jurisdictions and are encouraged to take out
independent legal and tax advice before making any investment in the Company's
shares. Investors should be aware that KR1's current and only Company-sponsored
listing is on the APX Segment of the AQSE Growth Market.
The Company's shares have not been registered under the U.S. Securities Act of
1933, as amended (the "U.S. Securities Act") or with any securities regulatory
authority of any state or other jurisdiction of the United States and the
Company's shares may not be offered, sold, resold, transferred or delivered,
directly or indirectly, within the United States or to, or for the account or
benefit of, U.S. Persons (as defined in Regulation S under the U.S. Securities
Act) except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act and in compliance with
any applicable securities laws of any state or other jurisdiction in the United
States. Further, the Company is not registered under the US Investment Company
Act of 1940, as amended.
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 th