LONDON - Harwood Capital LLP has increased its stake in UK-based Kooth PLC, crossing the 5% threshold of voting rights, according to a regulatory filing with the London Stock Exchange (LON:LSEG) on Monday. The investment firm now holds a total of 1,850,000 voting rights in the digital mental health platform, which represents 5.04393% of the company's total voting rights.
The notification, which follows the standard form TR-1 for major holdings notifications, indicates that the threshold was crossed on December 13, 2024. Kooth PLC was notified of this change in holdings on December 16, 2024.
The entirety of the voting rights is attached to shares, with no voting rights reported through financial instruments. Prior to this transaction, Harwood Capital's holding was reported at 4.53778% of the voting rights in Kooth PLC.
The press release also detailed that the ultimate controlling party behind the shares is Christopher Harwood Bernard Mills, through Rockwood Strategic Plc, which is under the same control as Harwood Capital LLP.
Kooth PLC, which is listed on the London Stock Exchange under the ticker GB00BMCZLK30, provides online mental health services and is known for its digital platform that offers therapeutic support and counselling.
The increase in Harwood Capital's stake in Kooth PLC reflects a change in the ownership structure and voting power within the company. The information is based on a press release statement and provides insight into the movements of major shareholders in publicly listed companies.
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