Unaudited Net Asset Value Update (August 2024)

Monday, 30 September 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 31 August 2024.

Net Asset Value	£101,368,357
NAV per share	57.27p
GBP/USD rate	1.3131
Income from digital assets (*)	£590,080 (*)

Positions (Top 10) by fair value:

Asset	GBP equivalent	% of portfolio
Celestia ("TIA")	£25,681,775	25.34%
Polkadot ("DOT")	£16,141,690	15.92%
Lido Staked ETH ("stETH")	£10,351,953	10.21%
Lido ("LDO")	£9,679,199	9.55%
Cosmos ("ATOM")	£6,478,390	6.39%
Zee Prime II	£6,431,216	6.34%
Nexus Mutual ("NXM") (**)	£4,699,476	4.64%
Astar ("ASTR")	£3,239,560	3.20%
Moonbeam ("GLMR")	£1,937,908	1.91%
Rocket Pool ("RPL")	£1,669,865	1.65%

(*) 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: [phone]

Email: [e-mail]  

Peterhouse Capital Limited (Aquis Corporate Adviser)

Mark Anwyl

Phone: [phone]

Email: [e-mail] 

SEC Newgate (Financial Communications)

Bob Huxford

Ian Silvera

Atif Nawaz

Phone: [phone]

Email: [e-mail]

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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