IN BRIEF: Root Capital Fund II sells GBP10.5 million in Kooth shares
Kooth PLC - London-based provider of digital mental health care - Root Capital Fund II LP, via ScaleUp Capital General Partner LLP, sells 3.8 million Kooth shares at 280 pence each, worth GBP10.5 million. The share placing, run by Stifel Nicolaus Europe Ltd as sole bookrunner, was first announced after the London market close on Monday, and the price and amount were as planned. The shares sold represent a 10.3% stake in Kooth. Root Capital retains 9.2 million shares, a 25.3% stake. Read More