Director/PDMR Shareholding

RNS Number : 9095A

Kingswood Holdings Limited

24 January 2020

 

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)	Price(s) Volume(s) 18.325p 138,000
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)	Price(s) Volume(s) 18.325p 138,000
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	[phone]
Gary Wilder / Patrick Goulding	www.kingswood-group.com
finnCap Ltd (Nomad and Broker)	[phone]
Scott Mathieson / Anthony Adams - Corporate Finance Tim Redfern / Richard Chambers - ECM
Greentarget (for media) Jamie Brownlee / Alice Gasson / Ellie Basle	[phone] [e-mail]

 

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