REG - Kooth PLC - Block Listing Six Monthly Return

KoothAnnouncement

01/03/2024 07:00

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RNS Number : 5112E  Kooth PLC  01 March 2024

1 March 2024

 

Kooth plc

 

("Kooth" or the "Company" or the "Group")

 

Block Listing Six Monthly Return

 

 

Kooth, a global leader in youth digital mental well-being, today makes the
following notification pursuant to Schedule Six of the AIM Rules for Companies
regarding its existing block admission arrangements:

 

 

 Name of applicant:                                                                  Kooth plc
 Name of scheme:                                                                     Kooth plc Long Term Incentive Plan
 Period of return:                         From:                                     1 September 2023  To             29 February 2024
 Balance of unallotted securities under scheme(s) from previous return:              3,600,000 ordinary shares of 5p each
 Plus:   The amount by which the block scheme(s) has been increased since            n/a
 the date of the last return (if any increase has been applied for):
 Less:   Number of securities issued/allotted under scheme(s) during                 143,259 ordinary shares of 5p each
 period (see LR3.5.7G):
 Equals:   Balance under scheme(s) not yet issued/allotted at end of period:         3,456,741 ordinary shares of 5p each

 

 Enquiries:

 Kooth plc
 Tim Barker, CEO                                             investorrelations@kooth.com

 Sanjay Jawa, CFO

 Stifel Nicolaus Europe Limited, Nomad & Sole Broker         +44 (0) 20 7710 7600

 Ben Maddison, Nick Adams, Erik Anderson, Nicholas Harland

 FTI Consulting                                              kooth@fticonsulting.com

 Jamie Ricketts, Alex Shaw, Usama Ali

 

 

About Kooth plc:

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.

 

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