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 | |
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| | |
| | |
| Stifel, Nominated Adviser & Sole Broker | +44 (0) 20 7710 7600 |
| Ben Maddison, Erik Anderson, Nick Harland, Ben Good | |
| | |
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| 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
Identification code
|
Ordinary shares of £0.05 each
GB00BMCZLK30 | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| 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
Identification code
|
Ordinary shares of £0.05 each
GB00BMCZLK30 | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 30 October 2024
| ||||
| f) | Place of the transaction | London Stock Exchange (XLON)
| ||||
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