Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, announces that the Company has been notified that Najib Canaan, US CEO of the Group, has purchased 200,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at a price of 8.05 pence per Ordinary Share (the "Share Purchase").
Following the Share Purchase, Najib holds a total of 1,095,000 Ordinary Shares representing 0.61 per cent. of the Company's issued share capital.
For further details, please contact:
Kingswood Holdings Limited
+44 (0)20 7293 0730
Gary Wilder / Patrick Goulding
finnCap Ltd (Nomad and Broker)
+44 (0)20 7220 0500
Scott Mathieson / Anthony Adams (Corporate Finance)
Tim Redfern / Richard Chambers (ECM)
Greentarget (for media)
+44 (0)20 7324 5498
Jamie Brownlee / Alice Gasson / Ellie Basle
Kingswood Holdings Limited (trading as Kingswood) is an AIM-listed (AIM: KWG) integrated wealth management group, with more than 4,500 active clients and c. £2 billion of Assets under Management and Advice. It has a growing network of offices in the UK including London, Manchester, Cheltenham, Maidstone, Worcester, Beverley and Abingdon as well as an office in Johannesburg, South Africa and recently acquired a strategic stake in US-based, Manhattan Harbor.
Kingswood offers a portfolio of services to its clients, which range from private individuals to some of the UK's largest universities and institutions, including investment advice and management, personal and company pensions, wealth planning, and stockbroking. Kingswood is focused on becoming a leading player in the wealth management market through targeted acquisitions, with the ultimate goal of creating a global business through strategic partnerships.
Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
Reason for the notification
Position / status
Initial notification / amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Kingswood Holdings Limited
Legal Entity Identifier
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument
Ordinary shares of 5 pence each
Nature of the transaction
Purchase of ordinary shares of 5 pence each in the Company
Price(s) and volume(s)
- Aggregated volume
- Aggregated price
Date of the transaction(s)
Place of the transaction
London Stock Exchange, AIM
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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