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KOOTH PLC Director's Dealing 2023
7750_dirs_2023-10-05_12e96117-908f-4d2f-96c0-7dd8b36950b8.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 8944O
Kooth PLC
05 October 2023
5 October 2023
Kooth plc
("Kooth" or the "Group")
Director/PDMR Shareholding
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 a transaction by a person discharging managerial responsibilities ("PDMR").
On 5 October 2023, Timothy Barker (Chief Executive Officer) purchased 6,756 Ordinary Shares in Kooth at a price of £2.96 per Ordinary Share.
The Notification of Dealing Form for this transaction is included at the end of this announcement.
Enquiries:
| Kooth plc | [email protected] |
| Tim Barker, CEO | |
| Sanjay Jawa, CFO | |
| Stifel, Nominated Adviser & Sole Broker | +44 (0) 20 7710 7600 |
| Ben Maddison, Nick Adams, Nicholas Harland | |
| FTI Consulting | [email protected] |
| Jamie Ricketts, Alex Shaw, Usama Ali |
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.
Our three services are:
· Kooth: for children and young people
· Kooth: for adults
· Kooth Work: for frontline employees
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. Currently, Kooth sees more than 4,000 logins a day.
Kooth is the only 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 2021/22 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. Kooth's first major pilot contract in the US was signed in October 2022 with the State of Pennsylvania followed in July 2023 by a four-year contract to cover all six million 13-25 year-olds in the State of California.
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)
| Price(s) | Volume(s) |
| £2.96 | 6,756 |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| £19,997.76 | 6,756 |
e)
Date of the transaction
5 October 2023
f)
Place of the transaction
London Stock Exchange (XLON)
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