REG - Kingswood Holdings - Statement re Press Comment

Kingswood HoldingsAnnouncement

06/03/2023 07:00

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RNS Number : 9269R  Kingswood Holdings Limited  06 March 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION (EU) NO 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF
THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR") AND IS DISCLOSED IN
ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

 

Kingswood Holdings Limited

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

Statement regarding press speculation

Kingswood Holdings Limited (AIM: KWG), the international, fully integrated
wealth and investment management group, notes recent press speculation and
confirms that it has engaged Houlihan Lokey as its Financial Adviser and that
discussions have taken place with regard to its strategic options, including,
but not limited to, a potential sale or third party investment into the
Company's UK business operations. There can be no certainty that any
transaction will ultimately occur, nor to the structure or terms on which any
transaction might take place.

The Company continues to enjoy the long-term support of its key existing
investors and shareholders and continues to deliver accelerated growth and
strong delivery against its strategy. The Company's results for the year ended
31 December 2022 are expected to be published during Q2 2023.

 

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
 Houlihan Lokey (Financial Adviser)  +44 (0)20 7907 4200
 Christian Kent / Sam Ward
 GreenTarget (for Kingswood media)   +44 (0) 783 457 1183
 Jamie Brownlee / Ellie Basle        Eleonore.Basle@greentarget.co.uk (mailto:Eleonore.Basle@greentarget.co.uk)

 

About Kingswood

Kingswood Holdings Limited (trading as Kingswood) is an AIM-listed (AIM: KWG)
international fully integrated wealth management group with circa 10 billion
of assets under advice and management. It services circa 19k clients from a
growing network of offices across the UK with overseas offices in Ireland,
South Africa and the US.

Kingswood offers a range of trusted investment solutions 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 and wealth planning. Kingswood is focused on building on its position
as a leading player in the wealth and investment management market through
targeted acquisitions, creating a global business through strategic
partnerships.

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