DESCRIPTION OF BUSINESS
As an investment company, we seek opportunities in the blockchain space by performing due diligence on projects in relation to their team, the project’s traction and the underlying technology.
We then manage our assets as the project matures, adopting rigorous ‘City’ discipline when it comes to liquidating our positions.
DETAILS
Issuer’s name:
KR1 plc
Corporate Advisers:
Bridgewater (IOM) Limited
4th Floor, Queen Victoria House, 41-43 Victoria Street,
Douglas, Isle of Man, IM1 2LF
Peterhouse Corporate Finance Limited
New Liverpool House, 15 Eldon Street,
London, EC2M 7LD
Incorporation:
Incorporated in the Isle of Man company no. 015310V
Directors:
George McDonaugh (Director)
Keld van Schreven (Director)
Simon Nicol (Director & Secretary)
REGULATORY ANOUNCEMENTS
Required documents are available below.
Investment Strategy:
KR1 invests in digital and cryptographic assets of decentralised networks at an early stage (pre-ICO), at ICO or in secondary markets and holds these assets until those reach more mature, chosen valuation for the project. The Company brings 'City'-discipline to exiting our positions and puts the proceeds from profitable projects back into further investments. KR1 also seed funds early-stage blockchain companies and holds private equity long-term.
Tradable securities in issue:
136,695,850
Particulars of any outstanding instruments:
None
Substantial shareholdings:
Vidacos Nominees Limited - 33,289,473 - 26.24%
Lynchwood Nominees Limited - 9,086,837 - 7.6%
Hargreaves Lansdownn (Nominees) Limited - 8,756,190 - 6.9%
R B Rowan - 6,209,649 - 4.89%