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RNS Number : 5781W Kooth PLC 11 February 2025
11 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: 10/02/2025
Aggregate number of ordinary shares of 5p purchased: 57,897
Lowest price paid per share (GBP): 1.7000
Highest price paid per share (GBP): 1.7000
Volume weighted average price paid per share (GBP): 1.7000
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 35,869,982 ordinary shares of 5 pence each in issue (excluding
807,784 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
30,000 1.7000 XLON 15:52:54 00044212231TRLO1
17,897 1.7000 XLON 12:33:15 00044204448TRLO1
10,000 1.7000 XLON 13:48:16 00044206625TRLO1
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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