Last checked at 24 Jan 2020 15:27
24 January 2020
KINGSWOOD HOLDINGS LIMITED
("Kingswood", the "Company" or the "Group")
Director/PDMR Holdings
Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, announces that it was notified on 23 January 2020 that KPI (Nominees) Limited ("KPI") has purchased a total of 276,000 ordinary shares of 5 pence in the Company ("Ordinary Shares") at a price of 18.325 pence per Ordinary Share (the "Purchase").
Following the Purchase, KPI now holds 143,220,905 Ordinary Shares in the Company, representing 66.0 per cent. of the Company's enlarged issued share capital.
PDMR disclosures
KPI is owned by Kingswood Property Finance Limited Partnership ("KPFLP"), a private investment partnership wholly owned by Gary Wilder, CEO of KWG, and Jonathan Massing, Non-Executive Deputy Chairman of KWG, and the PDMR disclosures below are made on that basis.
1. | Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||
a) | Name | Jonathan Massing | ||||
2. | Reason for the notification | |||||
a) | Position / status | Non-Executive Deputy Chairman | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Kingswood Holdings Limited | ||||
b) | Legal Entity Identifier | 213800DX97OROHY26686 | ||||
4. | 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 | |||||
a) | Description of the financial instrument | Ordinary shares of 5 pence each in the Company GG00BKY4K072 | ||||
b) | Nature of the transaction | Purchase of ordinary shares of 5 pence in the Company | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Aggregated price |
As above
| ||||
e) | Date of the transaction(s) | 22 January 2020 | ||||
f) | Place of the transaction | AIM | ||||
1. | Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||
a) | Name | Gary Wilder | ||||
2. | Reason for the notification | |||||
a) | Position / status | Group CEO | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Kingswood Holdings Limited | ||||
b) | Legal Entity Identifier | 213800DX97OROHY26686 | ||||
4. | 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 | |||||
a) | Description of the financial instrument | Ordinary shares of 5 pence each in the Company GG00BKY4K072 | ||||
b) | Nature of the transaction | Purchase of ordinary shares of 5 pence in the Company | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Aggregated price |
As above
| ||||
e) | Date of the transaction(s) | 22 January 2020 | ||||
f) | Place of the transaction | AIM | ||||
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 Jamie.Brownlee@greentarget.co.uk |