Statement re. share price movement

RNS Number : 3179M

KRM22 PLC

07 May 2020

 

KRM22 plc

("KRM22" or the "Company")

Statement re. share price movement

KRM22 plc, (AIM: KRM) the technology and software investment company focused on risk management for capital markets , notes the recent movement in the Company's share price and confirms that trading continues to be is in line with what was announced in its trading update of 2 April 2020 and that as also described in the trading update, the Company is in discussions with its shareholders and certain other investors regarding an equity fundraising or potential alternative financing. These discussions remain ongoing and a further update will be made when appropriate.

For further information please contact:

KRM22 plc                                                                                                          [e-mail]

Keith Todd CBE, Executive Chairman and CEO

Kim Suter, CFO

finnCap Ltd (Nominated Adviser and Sole Broker)                                                      [phone]

Carl Holmes / Kate Bannatyne / Matthew Radley

Alice Lane / Sunila de Silva (ECM)

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018.  The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets.

Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management.  The Global Risk Platform provides applications to help address firms' regulatory, market, technology and operations risk challenges and to manage their entire enterprise risk profile.

Capital markets companies' partner with KRM22 to optimize risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.

KRM22 plc is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centres.

See more about KRM22 at  KRM22.com .

 

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