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  2. Share Prices
  3. Kingswood H. Share Price
  4. Kingswood H. Share Regulatory News
  5. Deferred consideration payment

Pin to quick picksKingswood H. Regulatory News (KWG)

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Deferred consideration payment

6 Oct 2023 17:00

RNS Number : 0168P
Kingswood Holdings Limited
06 October 2023
 

KINGSWOOD HOLDINGS LIMITED

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

Deferred consideration payment

Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, is pleased to announce that it has made the final deferred consideration payment of £1.775m relating to the acquisition of Sterling Trust Financial Consulting Limited (Sterling Trust), as announced on 25 June 2020. This represents the maximum achievable earn-out amount.

Kingswood will satisfy the consideration through the utilisation of its funding facility, as announced on 17 October 2022.

David Lawrence, Kingswood CEO, commented:

"Sterling Trust was a transformative acquisition for Kingswood when completed in June 2020 and we have been delighted at the growth it has seen as part of the Kingswood group".

 

 

For further details, please contact:

Kingswood Holdings Limited 

+44 (0)20 7293 0730

David Lawrence

www.kingswood-group.com

 

finnCap Ltd (Nomad & Broker)

+44 (0)20 7220 0500

Simon Hicks / Abigail Kelly

 

GreenTarget (for Kingswood media)

Jamie Brownlee / Ellie Basle 

+44 (0)20 7324 5498

Jamie.Brownlee@greentarget.co.uk

 

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END
 
 
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Date   Source Headline
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13th Aug 20211:32 pmRNSLong Term Incentive Plan Awards
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6th Aug 20214:06 pmRNSDirector/PDMR Shareholding
26th Jul 20217:00 amRNSDirectorate Changes
22nd Jul 20215:10 pmRNSDirector/PDMR Shareholding
22nd Jul 20217:00 amRNSAIM Rule 17 notification
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15th Jul 20211:36 pmRNSDirector/PDMR Shareholding
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2nd Jul 202112:10 pmRNSDirector/PDMR Shareholding
1st Jul 20213:39 pmRNSDirector/PDMR Shareholding
30th Jun 20214:17 pmRNSDirector/PDMR Shareholding
17th Jun 20217:00 amRNSAcquisition of Admiral Wealth Management
17th Jun 20217:00 amRNSResults
23rd Mar 20217:00 amRNSDeferred consideration payment for Thomas & Co
1st Mar 20217:00 amRNSDirector/PDMR Shareholding
24th Feb 20217:00 amRNSDeferred consideration payment for WFI Financial
31st Dec 20207:00 amRNSConvertible preference share issue
15th Dec 20209:57 amRNSRelated Party Transactions
2nd Dec 20205:28 pmRNSNew UK Chief Executive Officer
2nd Dec 20201:03 pmRNSResult of AGM
2nd Dec 20207:00 amRNSNew UK Chief Executive Officer
23rd Nov 20207:00 amRNSKingswood acquires Manhattan Harbor Capital
17th Nov 20205:02 pmRNSKingswood acquires Regency Investment Services
30th Oct 202012:28 pmRNSNotice of AGM
7th Oct 20207:00 amRNSKingswood - Director/PDMR Shareholding
28th Sep 20207:00 amRNSChange of Registered Office
18th Sep 20207:01 amRNSKingswood Half-year Report
18th Sep 20207:00 amRNSKingswood to acquire Regency Investment Services
12th Aug 20207:00 amRNSKingswood announces further US investment
6th Jul 20207:00 amRNSDirector/PDMR Shareholding
1st Jul 20207:00 amRNSDavid Hudd joins Kingswood as Legal Consultant
29th Jun 20207:00 amRNSDirector/PDMR Holding
25th Jun 20207:00 amRNSAnnual Financial Report
25th Jun 20207:00 amRNSKingswood acquires Sterling Trust
5th May 20207:00 amRNSFormal Closing of Chalice Acquisition
20th Apr 20207:00 amRNSChange of Adviser
17th Apr 20207:00 amRNSAIM Rule 17 notification
17th Mar 20207:00 amRNSContinuation of Kingswood's Growth Strategy
5th Mar 20209:38 amRNSDirector/PDMR Shareholding
2nd Mar 202011:16 amRNSKingswood makes three senior hires
17th Feb 20207:00 amRNSIssue of Convertible Preference Shares
24th Jan 20203:27 pmRNSDirector/PDMR Shareholding
20th Dec 201911:40 amRNSKingswood completes second US acquisition
16th Dec 20197:00 amRNSBoard Changes
13th Dec 20197:00 amRNSDirector/PDMR Shareholding
10th Dec 20197:00 amRNSNew senior promotions and appointments
6th Dec 20194:27 pmRNSDirector/PDMR Shareholding
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