(“KR1” or the “Company”)
Appointment of Non-executive Director
Aeron was an early supporter of KR1, having joined as a shareholder in the second year of operations, and is currently interested in 400,000 ordinary shares of 0.19p each in the Company (“Ordinary Shares”), representing 0.26% of the Company’s issued share capital. With Aeron now joining the board, he will be granted options to subscribe for 145,631 Ordinary Shares at a price of 103p per share, being the closing share price on the day prior to his appointment. These options will only be exercisable in the event that certain future milestones are achieved by the Company.
Aeron Buchanan, Non-Executive Director of KR1, commented: "I am continually impressed with the adaptability of the KR1 team, their knowledge and insights into the changing landscape of the decentralised web."
The Directors of
--ENDS--
For further information please contact:
KR1 PLC +44 (0)1624 630 630George McDonaugh Keld van Schreven Peterhouse Capital Limited (AQSE Corporate Adviser) +44 (0)20 7469 0930Mark Anwyl FTI Consulting LLP (PR Adviser) +44 (0)7711 387 085Ed Berry KR1@fticonsulting.comLaura Ewart
Save as set out below, there is no further information regarding
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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 Aeron Buchanan 2 Reason for the notification a) Position/status Non-executive Director b) Initial notification /Amendment Initial 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 instrument, type of instrument Ordinary shares of0.19 pence each Identification code ISIN: IM00BYYPQX37 b) Nature of the transaction Grant of options c) Price(s) and volume(s) 145,631 Ordinary Shares at 103p per share d) Aggregated information N/A - Aggregated volume - Price e) Date of the transaction1 April 2022 f) Place of the transaction Not a market transaction
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