KRM22 PLC - Result of Placing

THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF KRM22 PLC IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

UNLESS OTHERWISE INDICATED, CAPITALISED TERMS IN THIS ANNOUNCEMENT HAVE THE MEANINGS GIVEN TO THEM IN THE DEFINITIONS SECTION INCLUDED IN APPENDIX I.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

KRM22 PLC

("KRM22", the "Company" or the "Group")

Result of Placing

KRM22 plc (AIM: KRM.L), the technology and software investment company, with a particular focus on risk management in capital markets, is pleased to announce it has successfully concluded the bookbuild announced on 14 October 2025 (the "Launch Announcement") and the Placing has now closed.

The Fundraising has successfully raised gross proceeds of approximately £9.2 million pursuant to a placing of 14,968,545 Placing Shares and a subscription for 8,143,955 Subscription Shares, both at the Issue Price of 40 pence per Ordinary Share.

The Issue Price represents a discount of approximately 3.61% to the closing middle market price of an Ordinary Share on the day immediately preceding the Launch Announcement.

Notice of General Meeting and Shareholder Circular

As referred to in the Launch Announcement, the Company is seeking the approval of Shareholders for the allotment of the Fundraising Shares. The Company announces that it will therefore shortly despatch a circular to Shareholders of the Company to convene a General Meeting of the Company to be held at 10:30 am on 5 November 2025 at the offices of Cavendish, One Bartholomew Close, London, EC1A 7BL. The Circular and associated Notice of General Meeting will be available on the Company's website https://krm22.com/investors/ from 16 October 2025.

Admission and Total Voting Rights

Subject to all resolutions being passed at the General Meeting, application will be made to the London Stock Exchange for admission of the Fundraising Shares to trading on AIM. It is expected that Admission will become effective and dealings in the Fundraising Shares will commence on AIM at 8.00 a.m. on or around 6 November 2025 (or such later date as may be agreed between the Company and Cavendish, but no later than 20 November 2025).

The Fundraising Shares will be issued fully paid and will rank pari passu in all respects with the Existing Ordinary Shares.

Following Admission of the Fundraising Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 59,269,490 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if or they are required to notify their interest in, or a change to their interest in, the Company's share capital pursuant to (i) the Company's Articles, (ii) the Financial Conduct Authority's Disclosure Guidance and Transparency Rules and/or (iii) the AIM Rules for Companies issued by the London Stock Exchange plc as amended from time to time.

Participation by Substantial Shareholders

Existing substantial Shareholders, Kestrel Investment Partners and Canaccord Genuity have each agreed to subscribe for 4,050,000 and 3,475,000 Placing Shares, respectively, in the Placing. As both shareholders held more than 10% of the Company's voting rights prior to the Fundraising, their participation in the Placing is deemed a related party transaction pursuant to Rule 13 of the AIM Rules.

The Directors, having consulted with Cavendish, acting in its capacity as the Group's Nominated Adviser, consider the participation by Kestrel Investment Partners and Canaccord Genuity in the Placing to be fair and reasonable insofar as the Shareholders are concerned.

Capitalised terms used in this announcement have the meanings given to them in the Launch Announcement, unless context provides otherwise.

For further information please contact:

KRM22 Plc                                                                   investorrelations@krm22.com

Dan Carter, CEO

Kim Suter, CFO 

Cavendish Capital Markets Limited (Nominated Adviser and Broker) +44 (0)20 7220 0500

Stephen Keys / Isaac Hooper

Sunila de Silva (ECM)

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' trading and corporate risk challenges and to manage their entire enterprise risk profile.

Capital markets companies' partner with KRM22 to optimise 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 www.krm22.com

Market Abuse Regulation

Market soundings, as defined in MAR, were taken in respect of the Placing, with the result that certain persons became aware of inside information, as permitted by MAR. That inside information is set out in this Announcement and has been disclosed as soon as possible in accordance with paragraph 7 of article 17 of MAR. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Company and its securities.