Kingswood 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
28th Jul 2014	3:05 pm	RNS	Correction: Aquisition Update and Issue of Equity
25th Jul 2014	7:00 am	RNS	Acquisition Update and Issue of Equity
21st Jul 2014	8:52 am	RNS	European Wealth expands management team
4th Jul 2014	7:00 am	RNS	Trading Update
30th Jun 2014	7:00 am	RNS	Total Voting Rights
27th Jun 2014	4:51 pm	RNS	Clarification regarding Directors' holdings
25th Jun 2014	8:01 am	RNS	Director Dealing
25th Jun 2014	7:00 am	RNS	Acquisition of Compass, Placing to raise £674,000
30th May 2014	8:00 am	RNS	Total Voting Rights
8th May 2014	7:00 am	RNS	Award of Options
7th May 2014	8:00 am	RNS	Acquisition and Admission to AIM
6th May 2014	10:22 am	RNS	Result of EGM
17th Apr 2014	7:01 am	RNS	Audited Results for year ended 31 December 2013
17th Apr 2014	7:00 am	RNS	Schedule 1 - EW Group Limited
17th Apr 2014	7:00 am	RNS	Acquisition of European Wealth Management Group
23rd Dec 2013	7:00 am	RNS	Further support for continued growth by EWMG
31st Oct 2013	12:34 pm	RNS	Total Voting Rights
3rd Oct 2013	5:11 pm	RNS	Issue of Equity
3rd Oct 2013	7:00 am	RNS	Subscription to raise £584,400
30th Sep 2013	4:29 pm	RNS	Interim results for period ended 30 June 2013
14th Aug 2013	7:00 am	RNS	Further support for continued growth by EWMG
1st Aug 2013	10:53 am	RNS	Directors' Dealing
24th Jul 2013	12:36 pm	RNS	RESULT OF ANNUAL GENERAL MEETING
28th Jun 2013	7:00 am	RNS	Publication of Audited Accounts and notice of AGM
26th Jun 2013	11:55 am	RNS	Holding(s) in Company
26th Jun 2013	11:52 am	RNS	Directors Dealing
25th Jun 2013	7:00 am	RNS	Prelim results for year ended 31 December 2012
17th May 2013	7:00 am	RNS	Investment Portfolio Update and Notice of Results
8th May 2013	7:00 am	RNS	Issue of Equity
3rd May 2013	7:00 am	RNS	Issue of Equity
24th Apr 2013	7:00 am	RNS	Issue of Equity
10th Apr 2013	7:00 am	RNS	Subscription to raise £626,750
6th Mar 2013	7:00 am	RNS	Update on EWMG & Appointment of Director
4th Feb 2013	7:00 am	RNS	Convertible Loan Note Issue and Portfolio Update
8th Jan 2013	3:11 pm	RNS	Result of EGM
24th Dec 2012	10:19 am	RNS	Notice of Extradinary General Meeting
13th Dec 2012	9:31 am	RNS	Director/PDMR Shareholding
10th Dec 2012	11:57 am	RNS	Directors Dealing
6th Dec 2012	12:49 pm	RNS	Holding(s) in Company
30th Nov 2012	11:53 am	RNS	Directors Dealing and Holding(s) in Company
27th Nov 2012	9:38 am	RNS	Convertible Loan Notes to raise £50,000
1st Nov 2012	7:00 am	RNS	Holding(s) in Company
31st Oct 2012	9:52 am	RNS	Issue of equity and convertible loan notes
24th Oct 2012	4:33 pm	RNS	Director's Dealing
24th Oct 2012	9:30 am	RNS	Holding(s) in Company
19th Oct 2012	7:00 am	RNS	Portfolio update and issue of convertible Loan
28th Sep 2012	7:00 am	RNS	Unaudited interim results
1st Aug 2012	7:00 am	RNS	Holding(s) in Company
31st Jul 2012	5:56 pm	RNS	Director/PDMR Shareholding
30th Jul 2012	2:51 pm	RNS	Result of AGM and update on Investment Portfolio

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