Publication of Prospectus and EGM Notice
KR1 plc has announced the publication of a prospectus approved by the FCA and a circular to shareholders regarding its intended migration to the Main Market of the London Stock Exchange and a proposed placing programme. The placing programme aims to issue up to 125,000,000 new ordinary shares to expand the company's staking operations. An extraordinary general meeting (EGM) will be held on November 20, 2025, at 10.15 a.m. to approve proposals related to the migration and placing programme, following the annual general meeting (AGM) at 10.00 a.m. on the same day. The last day of trading on the AQSE Growth Market is expected to be November 24, 2025, with initial admission to the Main Market commencing on November 25, 2025, along with the start of the Placing Programme, which closes by October 28, 2026.
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KR1 plc (the "Company")
Publication of Prospectus & Notices of EGM and AGM
KR1 plc (KR1:AQSE), a leading digital asset company, is pleased to announce that, further to the announcement made on 28 October 2025 in respect of:
- the Company's intention to migrate its listing and seek admission of its ordinary shares to the Equity Shares (Commercial Companies) category of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange (together the "Intended Migration"); and
- a proposed placing programme to issue up to 125,000,000 new ordinary shares to, in time, expand the Company's existing staking operations in line with its business strategy (the "Placing Programme"),
the Company confirms that a prospectus (the "Prospectus") has been approved by the FCA and has been published by the Company today, alongside a circular (the "Circular") to shareholders in connection with the Intended Migration and the Placing Programme.
Copies of the Prospectus and the Circular will shortly be available on the Company's website at www.KR1.io and will be uploaded to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Circular incorporates a notice convening an extraordinary general meeting (the "EGM") to approve certain proposals, including the adoption of new articles of association (the "Proposals"), in connection with the Intended Migration and the Placing Programme.
The Circular also contains the notice of an annual general meeting (the "AGM") to convene the Company's AGM on the same date as the EGM. The AGM of the Company will be held at the same place, on the same date and immediately preceding the EGM. Further details of the Proposals and the background to and reasons for the Proposals are set out in the Circular.
The EGM will be held at the offices of Cains Advocates Limited, Fort Anne, Douglas, Isle of Man IM1 5PD at 10.15 a.m. on 20 November 2025, or as soon thereafter as the preceding AGM of the Company has concluded or is adjourned.
Expected Timetable
2025
| Publication of the Circular and the notice of Extraordinary General Meeting | 29 October |
| Publication of the Prospectus | 29 October |
| Latest time for receipt of forms of proxy for use at the Annual General Meeting | 10.00 a.m. on 18 November |
| Latest time for receipt of forms of proxy for use at the Extraordinary General Meeting | 10.15 a.m. on 18 November |
| Annual General Meeting | 10.00 a.m. on 20 November |
| Extraordinary General Meeting | 10.15 a.m. on 20 November |
| Announcement of the results of the AGM and EGM | 20 November |
| Last day of trading of Ordinary Shares on the AQSE Growth Market | 24 November |
| Delisting of the Ordinary Shares from the AQSE Growth Market | 8.00 a.m. on 25 November |
| Initial Admission and dealings in Ordinary Shares commence | 8.00 a.m. on 25 November |
| Commencement of Placing Programme | 25 November |
| 2026 | |
| Placing Programme closes by | 28 October |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.