PDMR dealing

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

 


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