KRM22 to raise £9.2 million through placing and subscription at 40p per share

LONDON - KRM22 PLC (AIM:KRM.L), a technology and software investment company focused on risk management in capital markets, announced Tuesday plans to raise £9.2 million through a placing and subscription of new ordinary shares priced at 40 pence per share.

According to a company press release, the funds will be used to expand KRM22’s applications beyond Exchange Traded Derivatives into Equities, Fixed Income, FX, and Crypto markets, enabling the company to offer multi-asset risk management solutions. The proceeds will also fund sales and marketing initiatives, repay a £5.7 million debt facility with Trading Technologies, and cover general working capital needs.

The company reported its Annual Recurring Revenue (ARR) has increased from £6.6 million at the end of fiscal year 2024 to £7.5 million currently. For the six months ended June 30, 2025, KRM22 reported total revenue of £3.6 million, up 10.6% from the same period in 2024, and an adjusted EBITDA profit of £0.4 million.

Trading Technologies International Inc, which holds more than 10% of KRM22’s voting rights, has agreed to participate in the fundraising by subscribing for 5,906,715 new ordinary shares. Following completion, Trading Technologies will hold 25.01% of the enlarged share capital. The company will set off its £2,362,686 subscription amount against the outstanding balance of its existing loan facility with KRM22.

Several directors, including CEO Dan Carter and Executive Chairman Keith Todd, have also committed to participate in the subscription. The fundraising shares will represent approximately 39% of the enlarged share capital.

The transaction is conditional upon shareholder approval at a general meeting scheduled for November 5, 2025, with admission of the new shares expected around November 6, 2025.

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