Graydon Butler joins the Kingswood Board

RNS Number : 3498R

Kingswood Holdings Limited

28 February 2019

 

KINGSWOOD HOLDINGS LIMITED

("Kingswood" or the "Group")

Directorate Change

Renewed focus on implementing best in class operating infrastructure

Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, is pleased to announce that Graydon Butler, Chief Operating Officer of the Group, has joined the Board with immediate effect.

Graydon currently heads Kingswood's operations and support functions and joined Kingswood in June 2018 from Moor Park Capital Partners LLP ("Moor Park"), a real estate private equity business, where he retains a part-time consultancy role. Graydon was Chief Operating Officer at Moor Park for 11 years having joined the business with a mandate to build an operations team and supporting infrastructure which at its peak managed over £2.5bn of commercial real estate assets across Europe. Prior to joining Moor Park, Graydon worked for Nomura as Head of Agency & Transaction Management. He holds a degree in History from the University of Southampton.

Buzz West, Chairman, Kingswood, commented: "We are delighted that Graydon has joined the Board. His considerable experience in managing complex operations will be invaluable as we aim to grow both organically and dynamically by acquisition in the UK and US. The Board looks forward to working with him."

Kingswood continues to put in place its ambitious plans to be a global wealth and investment management platform serving its mass affluent and private clients. Its goal is to provide current and new clients with a full suite of services and products designed to protect their wealth and provide sustainable and growing returns.

Gary Wilder, Group CEO said: "We believe that we are well on our way to achieving our goals of being an internationally recognised wealth and investment management firm. Graydon's appointment to the main Board reflects the importance we place on having a best in class operating infrastructure to support our business going forward."

The Company also announces that given the amount of activity and new initiatives being implemented, it intends to issue a market update in the latter part of March 2019.

For further details, please contact:

Kingswood Holdings Limited	[phone]
Gary Wilder/Patrick Goulding	www.kw-wealth.com
finnCap Ltd (Nomad and Broker)	[phone]
Ed Frisby / Scott Mathieson / Anthony Adams (Corporate Finance)   Tim Redfern / Richard Chambers (ECM)
Greentarget (for media)   Jamie Brownlee	[phone] [e-mail]

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.£1.9 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, and an office in Johannesburg, South Africa.

Kingswood offers a wide 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 in the UK, with the ultimate goal of creating a global business through strategic partnerships and its ambition is to gain a foothold in the US market in the near future.

The following disclosures are required regarding Mr Butler's appointment pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies:

Graydon Charles Butler, aged 47, has been a director of the following companies during the five years preceding the date of this announcement:

Current directorships

Past directorships

- KW Wealth Group Limited - KW Trading Services Limited - KW Wealth Planning Limited - KW Investment Management Limited - XCap Nominees Limited - EIM Nominees Limited - GCB Consulting Limited - Moor Park Global Advisors Limited - Moor Park Property Management GmbH

- ALEGRA Grundstücksgesellschaft mbH & Co. Vermietungs KG (Oststeinbek) - BIL Leasing GmbH & Co. 732 KG (Oststeinbek) - BIL Leasing GmbH & Co. 744 KG (Oststeinbek) - BIL Leasing GmbH & Co. BALIOS KG (Oststeinbek) - BIL Leasing GmbH & Co. CANTARO KG (Oststeinbek) - BIL Leasing GmbH & Co. ZELOS KG (Oststeinbek) - CALLA Grundstücksverwaltungs- gesellschaft mbH (Oststeinbek) - CERUS Verwaltungs GmbH & Co. Vermietungs KG (Oststeinbek) - Dr. Gubelt Immobilienvermietungsge-sell. mbH & Co. Objekt Düsseldorf KG (Oststeinbek) - Dr. Gubelt Immobilien Vermietung mbH & Co. Hotelbau KG (Oststeinbek) - FARLON Beteiligungs GmbH & Co. Vermietungs KG (Oststeinbek) - FAVUS Grundstücks-Vermietungsges. mbH + Co. Objekte Accor KG (Oststeinbek) - FISSILIS Grundstücks-Vermietungs-gesellschaft mbH (Oststeinbek) - LIBRA Grundstücks-Vermietungsgesellschaft mbH & Co. Objekt Hannover KG (Oststeinbek) - MARTINA Grundstücks- und Vermie-tungsgesell. mbH & Co. Objekt Hamburg KG (Oststeinbek) - MOLDAMA Vermietungsgesell. mbH & Co. Obj. Hamburg Holzdamm KG (Oststeinbek) - NAVO Grundstücksvermietungsgesell. mbH & Co. Objekt Köln KG (Oststeinbek) - NORA Grundst. Vermietungsgesell. mbH & Co. Objekt Fürth KG (Oststeinbek) - NORA Grundst. Vermietungsgesell. mbH & Co. Objekt Köln Marsdorf KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-gesell. mbH & Co. Obj. Averdunk KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-gesell. mbH & Co. Obj. Europaplatz KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-gesell. mbH & Co. Obj. Nürnberg-Gleißhammer KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-gesell. mbH & Co. Obj. Sindelfingen KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-gesell. mbH & Co. Obj. Sindelfingen-Schwertstr. KG (Oststeinbek) - ROSATA Grundstücks-Vermie-tungsgesell. mbH & Co. Objekt Frankfurt KG (Oststeinbek) - ROSARIA Grundstücks-Vermietungs-ges. mbH & Co. Obj. Köln-Porz KG (Oststeinbek) - ROSEA Grundstück Vermietungs-gesell.mbH & Co. Hotelvermietungs KG (Oststeinbek) - ROSEA Grundstücks-Vermie-tungsgesell. mbH & Co. Objekt Olpe KG (Oststeinbek) - ROSEA Grundstücks-Vermie-tungsgesell. mbH & Co. Objekt Nbg/Regensburg KG (Oststeinbek) - TERPAL Grundstücks-Vermietungs-gesellschaft mbH (Oststeinbek) - ZITAS Beteiligungs GmbH & Co. Vermietungs KG (Oststeinbek) - Newday Grundbesitz GmbH & Co Erste Beteiligungs KG (Oststeinbek) - HIM Hotel Immobilien Verwaltungs GMBH (Oststeinbek) - Rocca KG (Oststeinbek) - Rocca GmbH (Oststeinbek) - MPA Newday Netherlands B.V. (formally Dicillafin B.V.) - MPA Newday Germany B.V. (formally Tyndarafin B.V.) - HIG Lux S.A.R.L - Moor Park Newday Holdings Luxembourg S.A.R.L - Moor Park Newday German Holdco S.A.R.L - Moor Park Newday Netherlands Holdco S.A.R.L

At the date of this announcement, Mr Butler does not have any beneficial interest in the ordinary shares of the Group.

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

 

END

 

 

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