Business
Holding in the Company
Holding in the Company.
About this update from Kooth Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9839N\n Kooth PLC\n 05 October 2021\n \n \n \n \n Kooth plc\n \n \n (\"Kooth\" or the \"Company\" or the \"Group\")\n \n \n Holding in the Company\n \n \n The Board of Kooth was yesterday informed that Root Capital Fund II Limited Partnership, trading under the name ScaleUp Capital, classified as a Person Closely Associated with Mr. Simon Philips, a Non-Executive Director of the Company, had sold 1,280,000 Ordinary Shares on 4 October 2021. ScaleUp Capital's interest is now 12,329,873 Ordinary Shares, representing 37.3% of the Company's issued share capital.\n \n \n \n \n \n This transaction, which was undertaken yesterday in response to market demand, was completed at a price of 365 pence per Ordinary Share.\n \n \n \n \n \n The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n \n \n \n \n \n - Ends -\n \n \n \n \n \n \n \n \n Kooth plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n Tim Barker, CEO\n \n \n Sanjay Jawa, CFO\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n Panmure Gordon, Nominated Adviser and sole Broker\n \n \n \n \n \n \n \n \n \n \n \n \n \n Corporate Finance:\n \n \n Dominic Morley, Ailsa Macmaster\n \n \n Corporate Broking:\n \n \n Erik Anderson\n \n \n \n \n +44 (0) 20 7886 2500\n \n \n \n \n \n \n FTI Consulting\n \n \n \n \n \n \n \n \n \n \n \n \n \n Jamie Ricketts / Alex Shaw / Usama Ali \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n Notes to Editors\n \n \n About Kooth\n \n \n Kooth (AIM:KOO) is the UK's leading digital mental health platform, established to provide accessible and safe spaces for everyone to achieve better mental health. The Company's online platform is clinically robust and accredited to provide a range of therapeutic support and interventions. All services are predicated on easy access to make early intervention and prevention a reality.\n \n \n Kooth offers three services: \n \n \n · \n \n Kooth \n \n is commissioned in over 90% of the NHS's clinical commissioning group areas across the country. It 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 l...