logo-loader
/**/ sub{font-size:80%}p{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue }visited{ color: purple } .x{size:595.3pt 841.9pt;margin:72.0pt 72.0pt 72.0pt 72.0pt;}div.x{}p.a,li.a,div.a{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";}p.au{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; text-align: center}p.av{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align: center}span.ar{color:#231F20}p.aw{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify}p.ax{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; text-align: justify}p.ay{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; margin-bottom: 8.0pt}span.an{color:black} table.az{margin-left:-10.8pt;border-collapse:collapse}td.ak{width:263.95pt;padding:0cm 5.4pt 0cm 5.4pt}p.ba{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: 12.65pt; margin-right: -8.4pt; text-align: justify}td.ah{width:171.4pt;padding:0cm 5.4pt 0cm 5.4pt}p.bb{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: 105%; text-align: right; text-indent: -5.4pt}span.aj{color:#333333;background:white}p.bc{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-right:-8.4pt;text-align:justify;line-height: 12.65pt}p.bd{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align: right}span.ae{font-size:10.0pt;line-height:115%;font-family: "Times New Roman","serif"}td.ac{width:182.2pt;padding:0cm 0cm 0cm 0cm} span.ad{font-size:10.0pt;line-height:115%;font-family:"Times New Roman","serif"}p.be{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: 105%; text-align: right}span.aa{color:#333333; text-decoration:none}p.bf{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-div: italic} /**/
RNS Number : 3485M
Kingswood Holdings Limited
13 September 2019
 

13 September 2019

KINGSWOOD HOLDINGS LIMITED

("KW", "Kingswood", the "Company" or the "Group")

Notice of General Meeting

 

Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, announces that a Circular and Notice of General Meeting relating to the proposed issue of Convertible Preference Shares announced on 12 September 2019 has been sent to the Company's shareholders and is available on the Company's website at www.kingswood-group.com. The General Meeting will be held at the offices of finnCap Ltd, 60 New Broad Street, London EC2M 1JJ at 10.00 a.m. on 30 September 2019.

The General Meeting has been convened to consider and, if thought fit, approve the Resolutions relating to the issue of the Convertible Preference Shares which include resolutions to amend the Company's Articles, to give the Directors authority to issue the Convertible Preference Shares (and the New Ordinary Shares that arise on the conversion of such Convertible Preference Shares) and to disapply pre-emption rights in connection with the issue of the Convertible Preference Shares.

Recommendation

The Board believes that the Resolutions to be proposed at the General Meeting are in the best interests of the Company and of Ordinary Shareholders. Accordingly, the Board unanimously recommends that Shareholders vote in favour of the Resolutions to be proposed at the General Meeting. The Directors (and certain of their connected persons) have irrevocably undertaken to vote in favour of the Resolutions at the General Meeting in respect of their respective individual holdings of Ordinary Shares, representing 71.2 per cent. of the Ordinary Shares in issue as at the date of this announcement.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as the definitions set out in Appendix II of the announcement dated 12 September 2019. 

 

For further details, please contact:

Kingswood Holdings Limited

+44 (0)20 7293 0730

Gary Wilder / Patrick Goulding

www.kingswood-group.com



finnCap Ltd (Nomad and Broker)

+44 (0)20 7220 0500

Scott Mathieson / Anthony Adams - Corporate Finance

Tim Redfern / Richard Chambers - ECM




Greentarget (for media)

Jamie Brownlee / Alice Gasson / Ellie Basle 

+44 (0)20 7324 5498

[email protected]

 


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.
 
END
 
 
NOGLJMATMBABBIL

Quick facts: Kingswood Holdings Limited

Price: 15

Market: LSE
Market Cap: £32.54 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

A 'sigh of relief' at European Wealth now they're back on an even keel after...

On the back of their £8.8mln fundraise, John Morton, chief executive of European Wealth Group Limited (LON:EWG) tells Proactive the main strategy behind the injection of cash was to replace a convertible loan they had in place which was due for repayment. ''It got to the stage where we...

on 18/7/17