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:
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Kooth
plc
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investorrelations@kooth.com
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Tim Barker, CEO
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Sanjay Jawa, CFO
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Stifel,
Nominated Adviser & Sole Broker
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+44 (0) 20 7710 7600
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Ben Maddison, Erik Anderson, Nick Harland, Ben
Good
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FTI
Consulting, Financial PR
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kooth@fticonsulting.com
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Ben Atwell, Alex Shaw
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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.
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1
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Details of the person discharging
managerial responsibilities / person closely associated
|
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a)
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Name
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Timothy Barker
|
|
2
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Reason for the
notification
|
|
a)
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Position/status
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Chief Executive Officer
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b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
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Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
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a)
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Name
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Kooth plc
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b)
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LEI
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2138001YLGO1L8UYOM90
|
|
4
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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)
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Nature of the transaction
|
Purchase of Ordinary Shares
|
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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160p
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20,000
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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Price(s)
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Volume(s)
|
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£32,000
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20,000
|
|
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e)
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Date of the transaction
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30 October 2024
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f)
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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)
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Price(s) and volume(s)
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|
Price(s)
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Volume(s)
|
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160.5p
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20,000
|
|
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d)
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Aggregated information
- Aggregated volume
- Price
|
|
Price(s)
|
Volume(s)
|
|
£32,100
|
20,000
|
|
|
e)
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Date of the transaction
|
30 October 2024
|
|
f)
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Place of the transaction
|
London Stock Exchange
(XLON)
|