REG - Kooth PLC - Transaction in Own Shares

KoothAnnouncement

29/01/2025 07:00

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RNS Number : 0052V  Kooth PLC  29 January 2025

29 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:                                     28/01/2025
 Aggregate number of ordinary shares of 5p purchased:   28,175
 Lowest price paid per share (GBP):                     1.5800
 Highest price paid per share (GBP):                    1.5800
 Volume weighted average price paid per share (GBP):    1.5800
 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 36,293,468 ordinary shares of 5 pence each in issue (excluding
384,298 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                                             investorrelations@kooth.com

 Tim Barker, Joint CEO

 Kate Newhouse, Joint CEO

 Sanjay Jawa, CFO
                                                       +44 (0) 20 7710 7600

 Stifel, Nominated Adviser & Sole Broker

 Ben Maddison, Erik Anderson, Nick Harland, Ben Good
                                                       Kooth@fticonsulting.com

 FTI Consulting, Financial PR

 Ben Atwell, Alex Shaw

 

 

 

Schedule of Purchases - Individual Transactions

 Number of shares purchased  Transaction price (Gbp)  Venue  Time of transaction  Trade ID
 28,175                      1.5800                   XLON   14:45:47             00043991162TRLO1

 

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 (http://www.koothplc.com)
.

 

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