By Michele Maatouk
Date: Tuesday 08 Oct 2024
LONDON (ShareCast) - (Sharecast News) - Kooth tumbled on Tuesday after Root Capital sold just over 3.75 million shares in the company in a placing.
Root Capital placed the shares - which represent about 10.3% of the issued share capital - at 280p each, versus a closing price of 318p on Monday.
Stifel Nicolaus Europe acted as sole bookrunner in connection with the placing.
At 1035 BST, Kooth shares were down 10.4% at 284.95p.
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| Currency | UK Pounds |
| Share Price | 127.50p |
| Change Today | 0.000p |
| % Change | 0.00 % |
| 52 Week High | 194.50p |
| 52 Week Low | 124.00p |
| Volume | 6,969 |
| Shares Issued | 35.79m |
| Market Cap | £45.63m |
| Beta | 0.77 |
| RiskGrade | 110 |
| Value |
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|---|
| Price Trend |
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| Income | ![]() |
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| Growth |
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| No dividends found |
| Time | Volume / Share Price |
| 12:41 | 78 @ 130.00p |
| 10:43 | 350 @ 129.80p |
| 10:42 | 900 @ 129.80p |
| 10:42 | 1 @ 127.88p |
| 09:16 | 1 @ 129.72p |
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