22 January 2025
Kooth plc
LEI number:
2138001YLGO1L8UYOM90
Kooth plc - Transaction in Own Shares
Kooth plc ("Kooth") today announces
that it purchased the following number of its ordinary shares of 5
pence each on Exchange (as defined in the Rules of the London Stock
Exchange) from Stifel Nicolaus Europe Limited ("Stifel") pursuant
to its Share Buyback Programme, details of which were announced on
24 December 2024.
|
Kooth Ordinary Shares 5p
|
|
|
Date of purchase:
|
21/01/2025
|
|
Aggregate number of ordinary shares
of 5p purchased:
|
26,736
|
|
Lowest price paid per share
(GBP):
|
1.7800
|
|
Highest price paid per share
(GBP):
|
1.7800
|
|
Volume weighted average price paid
per share (GBP):
|
1.7800
|
|
Broker
|
Stifel
|
The repurchased shares will be held
in treasury.
Following settlement of the above
purchase of ordinary shares of 5 pence each, Kooth will have
36,430,262 ordinary shares of 5 pence each in issue (excluding
247,504 ordinary shares of 5 pence each held in treasury). This
figure represents the total number of voting rights in
Kooth.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (as such Regulation has become part
of domestic law by virtue of and for the purposes of the European
Union (Withdrawal) Act 2018 (as amended by the European Union
(Withdrawal Agreement) Act 2020) and as such Regulation has been
amended in such form by any regulations made under that Act), the
schedule below contains detailed and aggregated information of the
individual trades made by Stifel as part of the buyback
programme.
For
further information:
|
Kooth plc
Tim Barker,
CEO
Sanjay Jawa, CFO
|
investorrelations@kooth.com
|
|
Stifel, Nominated Adviser & Sole Broker
Ben Maddison, Erik Anderson, Nick
Harland, Ben Good
|
+44 (0) 20
7710 7600
|
|
FTI
Consulting, Financial PR
Ben Atwell, Alex Shaw
|
Kooth@fticonsulting.com
|
Schedule of Purchases - Individual
Transactions
|
Number of shares purchased
|
Transaction price (Gbp)
|
Venue
|
Time of transaction
|
Trade ID
|
|
11,736
|
1.7800
|
XLON
|
15:54:38
|
00043854132TRLO1
|
|
10,000
|
1.7800
|
XLON
|
10:19:48
|
00043833621TRLO1
|
|
5,000
|
1.7800
|
XLON
|
10:53:07
|
00043834785TRLO1
|
About Kooth
Kooth (AIM:KOO) is a global leader in youth digital
mental well-being. Our mission is to provide accessible and safe
spaces for everyone to achieve better mental health. Our platform
is clinically robust and accredited to provide a range of
therapeutic support and interventions. All our services are
predicated on easy access to make early intervention and prevention
a reality.
Kooth is a fully safeguarded and pre-moderated community
with a library of peer and professional created content, alongside
access to experienced online counsellors. There are no thresholds
for support and no waiting lists.
Kooth is the longest standing digital mental health
provider to hold a UK-wide accreditation from the British
Association of Counselling and Psychotherapy (BACP) and according
to NHS England data for 2022/23 is now the largest single access
provider for mental health support for under 18s.
In
2021, Kooth began executing on its international
expansion strategy, with an initial focus on the US market. This
focus is due to the growing recognition of the importance of
improving youth mental health in this key global healthcare market,
with 1-in-6 people aged 6-17 experiencing a mental health disorder
each year.
For more information, please
visit www.koothplc.com.
