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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kingswood Holdings Limited | LSE:KWG | London | Ordinary Share | GG00BKY4K072 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.00 | 6.50 | 7.50 | 7.00 | 7.00 | 7.00 | 33,370 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 124.47M | -18.23M | -0.0841 | -0.83 | 15.18M |
From Mar 2023 to Mar 2025
TIDMKWG
RNS Number : 0168P
Kingswood Holdings Limited
06 October 2023
KINGSWOOD HOLDINGS LIMITED
("Kingswood", the "Company" or the "Group")
Deferred consideration payment
Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, is pleased to announce that it has made the final deferred consideration payment of GBP1.775m relating to the acquisition of Sterling Trust Financial Consulting Limited (Sterling Trust), as announced on 25 June 2020. This represents the maximum achievable earn-out amount.
Kingswood will satisfy the consideration through the utilisation of its funding facility, as announced on 17 October 2022.
David Lawrence, Kingswood CEO, commented:
"Sterling Trust was a transformative acquisition for Kingswood when completed in June 2020 and we have been delighted at the growth it has seen as part of the Kingswood group".
For further details, please contact:
Hot Features
Premium
Kingswood Holdings Limited +44 (0)20 7293 0730
David Lawrence 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
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END
MSCUPGQPUUPWGGQ
(END) Dow Jones Newswires
October 06, 2023 12:00 ET (16:00 GMT)
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