Unaudited Net Asset Value Update (January 2024)
Thursday, 29 February 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 January 2024.
|
Net Asset Value |
£218,119,989 |
|
|
Shares in issue |
177,369,520 |
|
|
NAV per share |
122.97p |
|
|
GBP/USD rate (as at 31 January 2024) |
1.2679 |
|
|
|
|
|
|
Income from digital assets (*) |
£1,800,310(*) |
|
|
|
|
|
|
|
|
|
|
Top 10 assets/holdings
|
|
|
|
Asset |
GBP equivalent |
% of portfolio |
|
Celestia ("TIA") |
£95,774,998 |
43.91% |
|
Lido ("LDO") |
£26,772,635 |
12.27% |
|
Polkadot ("DOT") |
£23,688,678 |
10.86% |
|
Cosmos ("ATOM") |
£12,180,566 |
5.58% |
|
Lido Staked ETH ("stETH") |
£9,552,566 |
4.38% |
|
Astar ("ASTR") |
£9,493,896 |
4.35% |
|
Zee Prime II |
£5,154,841 |
2.36% |
|
Rocket Pool ("RPL") |
£4,526,603 |
2.08% |
|
Moonbeam ("GLMR") |
£4,299,527 |
1.97% |
|
Nexus Mutual ("NXM") (**) |
£4,158,250 |
1.91% |
(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain 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").
The Directors of KR1 plc accept responsibility for this announcement.
--ENDS--
For further information please contact:
|
KR1 plc |
+44 (0)1624 630 630 |
|
Peterhouse Capital Limited (Aquis Corporate Adviser) |
+44 (0)20 7469 0930 |
|
FTI Consulting (PR Adviser) Ed Berry Maxime Lopes Lynn Begany
|
+44 (0)7711387 085 |
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.
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).