Business
Block listing application
Block listing application.
About this update from Kooth Plc
[{"type":"text","content":"\n\n \n1 September 2023\nKooth plc\n(\"Kooth\", the \"Company\" or the \"Group\")\nBlock listing application\n \nKooth announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 3,600,000 ordinary shares of 5 pence each (the \"New Ordinary Shares\") to be admitted to trading on AIM. It is expected that admission will become effective on 5 September 2023.\n \nThe New Ordinary Shares will be issued from time to time in order to satisfy the grant of awards under the Kooth plc Long Term Incentive Plan.\n \nWhen issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 5 pence each in the capital of the Company (\"Ordinary Shares\").\n \nThe Company will make six-monthly announcements of the utilisation of the block admission, in line with its obligations under AIM Rule 29. \nENDS\n \n\n\n\n\nEnquiries:\n \nKooth plc\n\n\n\n\n\n\n\nTim Barker, CEO\nSanjay Jawa, CFO \n\n\[email protected]\n\n\n\n\nPanmure Gordon, Nominated Adviser and Joint Broker\nCorporate Finance: Dominic Morley, James Sinclair-Ford, Daphne Zhang\nCorporate Broking: Rupert Dearden, James Todd\n\n\n+44 (0) 20 7886 2500\n\n\n\n\nStifel Nicolaus Europe Limited, Joint Broker\nBen Maddison, Nick Adams, Nicholas Harland, Richard Short\n\n\n+44 (0) 20 7710 7600\n\n\n\n\nFTI Consulting\nJamie Ricketts, Alex Shaw, Usama Ali \n\n\[email protected]\n\n\n\n\n \nAbout Kooth\nKooth (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.\n Our three services are:\n· Kooth: for children and young persons\n· Kooth: for adults\n· Kooth Work: for frontline employees\nKooth is a fully safeguarded and pre-moderated community with a library of peer a...