Friday,
31 January 2025
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
31 December 2024.
Net
Asset Value £137,737,115
NAV
per share 77.81p
GBP/USD
rate 1.2516
Income
from digital assets (*) £946,119(*)
Positions
(Top 10) by fair value:
Asset
GBP
equivalent
%
of portfolio
Celestia
("TIA")
£27,629,264
20.06%
Polkadot
("DOT")
£27,462,675
19.94%
Lido
("LDO")
£16,395,947
11.90%
Lido
Staked ETH ("stETH")
£14,550,764
10.56%
Cosmos
("ATOM")
£
9,767,141
7.09%
Nexus
Mutual ("NXM") (**)
£
6,630,878 4.81%
Zee Prime
II
£
6,212,079 4.51%
Mode
("MODE")
£
3,896,428
2.83%
Astar
("ASTR")
£
3,223,343
2.34%
Moonbeam
("GLMR")
£
3,179,985
2.31%
The net
asset valuation provided herein is intended to offer shareholders a
timely update of the company's financial position. Please note that
the figures presented above may differ from the final audited
financial results for the year ended 31
December 2024. This update is based on available information
at the time and may not reflect certain data, such as year-end
valuations for unlisted assets, which could affect the final
valuation. The final audited results may incorporate additional
information or adjustments that are not included in this update.
Shareholders are advised to consider this valuation as preliminary
and subject to change upon completion of the audit.
(*) For
the purposes of KR1’s monthly unaudited NAV update, 'Income from
digital assets' is defined as the aggregate income from staking
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").
--ENDS--
For
further information please contact:
KR1 plc
George McDonaugh
Keld van Schreven
Phone: +44
(0)1624 630 630
Email:
investors@KR1.io
Peterhouse
Capital Limited (Aquis
Corporate Adviser)
Mark Anwyl
Phone: +44
(0)20 7469 0930
Email:
info@peterhousecap.com
SEC Newgate
(Financial Communications)
Bob Huxford
Ian Silvera
Atif Nawaz
Phone: +44 (0)20 3757 6882
Email: KR1@secnewgate.co.uk
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).
