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Kooth plc Adjusts Share Capital Following Employee Option Exercise

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Kooth plc Adjusts Share Capital Following Employee Option Exercise

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Kooth ( (GB:KOO) ) has shared an update.

Kooth plc announced the transfer of 46,875 ordinary shares from its treasury to satisfy share options exercised by a former employee. This adjustment leaves the company with 35,850,840 ordinary shares with voting rights, a figure important for shareholders under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:KOO) stock is a Buy with a £490.00 price target. To see the full list of analyst forecasts on Kooth stock, see the GB:KOO Stock Forecast page.

More about Kooth

Kooth plc is a leading provider of digital mental health services, offering a platform that provides accessible and safe spaces for mental health support. The platform is accredited and provides a range of therapeutic support and interventions, focusing on early intervention and prevention. Kooth is recognized as the largest single access provider for mental health support for under 18s in the UK and has been expanding internationally, particularly in the US market.

Average Trading Volume: 80,446

Technical Sentiment Signal: Sell

Current Market Cap: £57.35M

See more data about KOO stock on TipRanks’ Stock Analysis page.

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