Kingswood H. Regulatory News (KWG)

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

25 June 2019

Kingswood Holdings Limited

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

Corporate Update

Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, is pleased to provide the following corporate update in relation to the Company's acquisition pipeline and the funding for that pipeline.

As announced in the Company's final results on 15 April 2019, the Company has an acquisition pipeline in excess of £100m and the Board has continued to explore opportunities to source additional funding to support the execution of this pipeline. The Company confirms that it has agreed non-binding heads of terms with a provider of substantial permanent growth capital with regards to a potential equity investment in the form of convertible preference shares and is now undertaking an extensive due diligence exercise. This injection of capital would be consistent with the Group's stated strategy of pursuing accretive acquisitions across the UK and internationally, a number of which are in advanced stages of negotiation with due diligence being undertaken. Further announcements will be made as and when it is appropriate to do so and the Board wishes to stress that any such investment would be subject to the requisite regulatory and shareholder approvals.

ENDS

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About Kingswood

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.