REG - Kingswood Holdings - Long Term Incentive Plan Award

Kingswood HoldingsAnnouncement

21/08/2023 17:00

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RNS Number : 9775J  Kingswood Holdings Limited  21 August 2023

KINGSWOOD HOLDINGS LIMITED

("Kingswood", the "Company" or the "Group")

Long Term Incentive Plan Award

Kingswood Holdings Limited (AIM: KWG), the international, fully integrated
wealth and investment management group, announces that in accordance with the
terms of his employment contract, Paul Hammick, Chief Risk Officer and a
Person Discharging Managerial Responsibilities of the Company ("PDMR") has
been granted 750,000 options ("Options") over ordinary shares of 5p each in
the Company ("Ordinary Shares") under the Company's 2022 LTIP scheme.

The Options were granted on 21 August 2023 at a price of 16.5p with a vesting
date of 31 December 2025.

The Options are subject to a three-year performance period linked to the
Company's growth as measured against performance targets and are subject to
clawback and malus provisions.

The Options are subject to achieving agreed annual EBITDA targets or subject
to the average market value of the shares on the day following expiry being
not less than 39p.

 

For further details, please contact:

 Kingswood Holdings Limited              +44 (0)20 7293 0730
 David Lawrence                          www.kingswood-group.com (http://www.kingswood-group.com/)

 finnCap Ltd (Nomad & Broker)            +44 (0)20 7220 0500
 Simon Hicks / Abigail Kelly

 GreenTarget (for Kingswood media)       +44 (0)20 7324 5498

 Jamie Brownlee / Ellie Basle            Jamie.Brownlee@greentarget.co.uk
                                    (mailto:Jamie.Brownlee@greentarget.co.uk)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 

    1    Details of PDMR / person closely associated
    a)   Name                                                                 Paul Hammick
    2.   Reason for the notification
    a)   Position / Status                                                    Chief Risk Officer / 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)   LEI                                                                  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, type of instrument          Options over ordinary shares of 5 pence each in the Company

      Identification code

                                         GG00BKY4K072
    b)   Nature of the transaction                                            Grant of options under the Kingswood Holdings Limited Long Term Incentive Plan
    c)   Price (pence) and volume                                             Price(s)  Volume(s)
                                         16.5p     750,000
    d)   Aggregated information                                               750,000

      -      Aggregated volume
      -      Price (pence)                                                 16.5p
    e)   Date of the transaction                                              21 August 2023
    f)   Place of the transaction                                             Off market transaction

    d)

   Aggregated information

   -      Aggregated volume

   750,000

-      Price (pence)

   16.5p

    e)

   Date of the transaction

   21 August 2023

    f)

   Place of the transaction

   Off market transaction

 d)

Aggregated information

-      Aggregated volume

750,000

-      Price (pence)

16.5p

 e)

Date of the transaction

21 August 2023

 f)

Place of the transaction

Off market transaction

 

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