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Market Cap: £60.21m
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Transaction in Own Shares

6 Feb 2025 07:00

RNS Number : 0823W
Kooth PLC
06 February 2025
 

06 February 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:

05/02/2025

Aggregate number of ordinary shares of 5p purchased:

 59,488

Lowest price paid per share (GBP):

 1.6350

Highest price paid per share (GBP):

 1.6450

Volume weighted average price paid per share (GBP):

 1.6412

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 35,997,071 ordinary shares of 5 pence each in issue (excluding 680,695 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, Joint CEO

Kate Newhouse, Joint 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

15,000

1.6350

XLON

10:49:07

00044115511TRLO1

15,000

1.6400

XLON

14:14:01

00044120932TRLO1

29,488

1.6450

XLON

16:33:13

00044131024TRLO1

 

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.

 

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