Director's Dealing • Aug 28, 2019
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 3184K
Kingswood Holdings Limited
28 August 2019
28 August 2019
KINGSWOOD HOLDINGS LIMITED
("Kingswood", the "Company" or the "Group")
PDMR dealing
Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, announces that the Company has been notified that Najib Canaan, US CEO of the Group, has purchased 200,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at a price of 8.05 pence per Ordinary Share (the "Share Purchase").
Following the Share Purchase, Najib holds a total of 1,095,000 Ordinary Shares representing 0.61 per cent. of the Company's issued share capital.
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) | +44 (0)20 7324 5498 |
| Jamie Brownlee / Alice Gasson / Ellie Basle |
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.
1.
Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
a)
Name
Najib Canaan
2.
Reason for the notification
a)
Position / status
PDMR
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
b)
Nature of the transaction
Purchase of ordinary shares of 5 pence each in the Company
c)
Price(s) and volume(s)
| Date | Price (p) | Volume |
| 21/08/19 | 8.05 | 200,000 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
As above
e)
Date of the transaction(s)
As above
f)
Place of the transaction
London Stock Exchange, AIM
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.
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