KR1 Plc - Unaudited Net Asset Value Update (February 2024)

Announcement provided by

28/03/2024 07:00

KR1 Plc - Unaudited Net Asset Value Update (February 2024) PR Newswire

Thursday, 28 March 2024

KR1 plc

(“KR1” or the “Company”)

Unaudited Net Asset Value Update

KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 29 February 2024.

Net Asset Value	£238,739,186
Shares in issue	177,369,520
NAV per share	134.60p
GBP/USD rate (as at 29 February 2024)	1.2627

*Income from digital assets ()**	£1,628,777(*)


Top 10 assets/holdings:
Asset	GBP equivalent	% of portfolio
Celestia ("TIA")	£98,701,667	41.34%
Lido ("LDO")	£31,979,392	13.40%
Polkadot ("DOT")	£29,914,068	12.53%
Cosmos ("ATOM")	£15,213,273	6.37%
Lido Staked ETH ("stETH")	£14,099,250	5.91%
Astar ("ASTR")	£8,476,184	3.55%
Nexus Mutual ("NXM") (**)	£6,126,142	2.57%
Moonbeam ("GLMR")	£5,639,184	2.36%
Zee Prime II	£5,176,343	2.17%
Rocket Pool ("RPL")	£4,947,997	2.07%

(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain rewards for the relevant monthly period and excludes any other forms of income.

(**) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").

The Directors of KR1 plc accept responsibility for this announcement.

--ENDS--

For further information please contact:

KR1 plc
George McDonaugh
Keld van Schreven

+44 (0)1624 630 630

Peterhouse Capital Limited (Aquis Corporate Adviser)
Mark Anwyl

+44 (0)20 7469 0930

SEC Newgate (Financial Communications)
Bob Huxford
Ian Silvera
Atif Nawaz

+44(0)20 3757 6882
pr@kr1.io

About KR1 plc

KR1 plc is a leading digital asset investment company supporting early-stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in London on the Aquis Growth Market (KR1:ASE), KR1 has one of the longest and most successful track records of investment in the digital assets space by investing in decentralised platforms and protocols that are emerging to form new financial and 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).

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