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ScaleUp Capital Reduces Stake in Kooth plc
Company Announcements

ScaleUp Capital Reduces Stake in Kooth plc

Kooth (GB:KOO) has released an update.

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ScaleUp Capital, associated with Kooth plc’s Non-Executive Director Simon Philips, has decreased its stake in Kooth by selling 3,755,861 Ordinary Shares, now holding 25.2% of the company. The sale was executed on October 8, 2024, for a price of 280 pence per share. Kooth is a leading digital platform in youth mental well-being, noted for its accessibility and early intervention approach, with ambitions for international expansion, particularly in the US market.

For further insights into GB:KOO stock, check out TipRanks’ Stock Analysis page.

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