REG - Kooth PLC - Director Trading

KoothAnnouncement

30/10/2024 11:45

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RNS Number : 2542K  Kooth PLC  30 October 2024

30 October 2024

 

Kooth plc

("Kooth" or the "Group")

Director Trading

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

Kooth, a global leader in youth digital mental well-being, provides the
following notification of two transactions by persons discharging managerial
responsibilities ("PDMR").

 

On 30 October 2024, Timothy Barker (Chief Executive Officer) purchased 20,000
Ordinary Shares in Kooth at a price of 160p per Ordinary Share at a total
value of £32,000. Following the transaction Timothy Barker has a total
interest of 861,692 Ordinary Shares, representing 2.30% of the total voting
rights.

 

On 30 October 2024, Sanjay Jawa (Chief Financial Officer) purchased 20,000
Ordinary Shares in Kooth at a price of 160.5p per Ordinary Share at a total
value of £32,100. Following the transaction Sanjay Jawa has a total interest
of 373,981 Ordinary Shares, representing 1.02% of the total voting rights.

 

The Notification of Dealing Forms for these transactions are included at the
end of this announcement.

 

Enquiries:

 Kooth plc                                            investorrelations@kooth.com
 Tim Barker, CEO
 Sanjay Jawa, CFO

 Stifel, Nominated Adviser & Sole Broker              +44 (0) 20 7710 7600
 Ben Maddison, Erik Anderson, Nick Harland, Ben Good

 FTI Consulting, Financial PR                         kooth@fticonsulting.com
 Ben Atwell, Alex Shaw

 

 

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.

 

For more information, please visit www.koothplc.com.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Timothy Barker

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Kooth plc

 b)   LEI                                                          2138001YLGO1L8UYOM90

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument

                                                                   Ordinary shares of £0.05 each

      Identification code

                                                                   GB00BMCZLK30
 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                   160p      20,000
 d)   Aggregated information                                       Price(s)  Volume(s)

      - Aggregated volume

                                                            £32,000   20,000
      - Price

 e)   Date of the transaction                                      30 October 2024

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

- Aggregated volume

- Price

 Price(s)  Volume(s)

 £32,000   20,000

e)

 

Date of the transaction

30 October 2024

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Sanjay Jawa

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Kooth plc

 b)   LEI                                                          2138001YLGO1L8UYOM90

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument

                                                                   Ordinary shares of £0.05 each

      Identification code

                                                                   GB00BMCZLK30
 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                   160.5p    20,000
 d)   Aggregated information                                       Price(s)  Volume(s)

      - Aggregated volume

                                                            £32,100   20,000
      - Price

 e)   Date of the transaction                                      30 October 2024

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

- Aggregated volume

- Price

 Price(s)  Volume(s)

 £32,100   20,000

e)

 

Date of the transaction

30 October 2024

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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