Kooth executives receive new share options under incentive plan

Published 23/05/2025, 16:10
Kooth executives receive new share options under incentive plan

LONDON - Kooth plc (AIM:KOO), a leading digital mental health service provider, has granted new share options to its executive directors and certain senior management as part of its Long Term Incentive Plan (LTIP), the company announced on Friday.

The LTIP, which aims to align management’s interests with those of shareholders and foster long-term value creation, was initially detailed in Kooth’s admission document on August 26, 2020. On May 23, 2025, Kooth issued options over 312,000 shares, including 84,000 to Joint Chief Executive Officer Kate Newhouse and 72,000 to Chief Financial Officer Sanjay Jawa.

These options are subject to performance conditions tied to the company’s total shareholder return and earnings per share growth from 2025 to 2027. If the conditions are met, the options will vest on March 31, 2028, with executive directors facing a two-year post-vesting holding period. The options have been issued with an exercise price of £0.05 per share.

The maximum dilutive impact of the 2025 Awards, should the performance targets be fully met, is estimated at approximately 0.9%. Kooth has assured that the cumulative dilutive effect of all current LTIP awards will not exceed 10% of the issued share capital.

The information is based on a press release statement and is intended to provide shareholders and the market with insights into the company’s efforts to incentivize its management team through share-based compensation. These awards reflect Kooth’s commitment to driving growth and shareholder value over the coming years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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