Business
Intention to Migrate Listing to the Main Market
KR1 plc announced its intention to migrate its listing to the Main Market of the London Stock Exchange. The company intends to seek admission of its ordinary shares to the Equity Shares (Commercial Companies) category of the FCA's Official List. This Intended Migration is subject to the FCA's approval of a prospectus. A shareholder meeting will be convened to approve resolutions related to the migration and a proposed placing programme for new ordinary shares to expand staking operations. In FY24, KR1 plc generated £12.8 million from staking activities, an 86.4% increase from £6.9 million in FY23. The company plans to expand its staking operations by compounding digital assets, acquiring more staking assets, and investing in the digital asset sector. Disclaimer*
About this update from Kr1 Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. PLEASE SEE THE SECTION ENTITLED \"IMPORTANT NOTICE\" TOWARDS THE END OF THIS ANNOUNCEMENT.\nThe information communicated in this announcement is deemed to constitute inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended (the \"UK Market Abuse Regulation\"). Upon the publication of this announcement, this information is considered to be in the public domain.\n28 October 2025\nKR1 plc (the \"Company\")\nIntention to Migrate Listing to the Main Market of the London Stock Exchange\nKR1 plc (KR1: AQSE), a leading digital asset company, is pleased to announce its 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\").\nThe Intended Migration, as detailed in this announcement, is subject to the approval by the FCA of a prospectus (the \"Prospectus\") which is expected to occur shortly. A circular is also expected to be to be sent to shareholders seeking the approval at a convened shareholder meeting of certain resolutions in connection with the Intended Migration and a proposed placing programme to issue new ordinary shares to, in time, expand the Company's existing staking operations in line with its business strategy (the \"Placing Programme\").\n \nAbout KR1 plc\nThe Company is a leading digital assets technology business primarily focused on decentralised technologies and the staking of digital assets. The Company seeks to generate income from digital assets through the Company's staking operations by participating in proof-of-stake blockchain networks, either independently or through third-party staking infrastructure service providers.\nBy staking digital assets, the Company helps to secure these networks by supporting transaction validation, maintaining network integrity and contributin...