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

Tuesday, 31 December 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 30 November 2024.

Net Asset Value £177,085,385

NAV per share 100.04p

GBP/USD rate 1.2736

Income from digital assets (*) £771,347(*)

Positions (Top 10) by fair value:

Asset  GBP equivalent  % of portfolio

Celestia ("TIA")  £49,327,525  27.86%

Polkadot ("DOT")  £36,026,098  20.34%

Lido ("LDO")  £16,962,498  9.58%

Lido Staked ETH ("stETH")  £ 15,871,065  8.96%

Cosmos ("ATOM")  £ 13,120,700  7.41%

Nexus Mutual ("NXM") (**)  £ 6,938,533 3.92%

Zee Prime II  £ 6,104,963 3.45%

Astar ("ASTR")  £ 4,488,169  2.53%

Moonbeam ("GLMR")  £ 3,946,321  2.23%

Mode ("MODE")  £ 3,612,500  2.04%

(*) 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: [email protected]

Peterhouse Capital Limited (Aquis Corporate Adviser)
Mark Anwyl

Phone: +44 (0)20 7469 0930

Email: [email protected] 

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

Phone: +44 (0)20 3757 6882

Email: [email protected] 

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).