Kingswood Holdings Limited Appointment of Group Finance Director (4181M)

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RNS Number : 4181M

Kingswood Holdings Limited

08 January 2019

8 January 2019

KINGSWOOD HOLDINGS LIMITED

("Kingswood" or the "Group")

Appointment of Group Finance Director

Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, which trades under the name KW Wealth, is pleased to announce that Patrick Goulding has joined the Board as Group Finance Director.

Patrick will head Kingswood's finance function as well as overseeing the Group's operations. He is a Chartered Accountant with more than 25 years of experience in the global financial services industry in both a financial and operational capacity. His experience has included senior roles at Morgan Stanley, Lend Lease, ING and Schroders in the US, Australia and Europe.

He joins from Ardmore Partners, an independent consultancy he founded in 2016, to provide strategic advice and tactical support to investments managers, service providers and investors seeking to enhance their business platforms and capabilities. From 2014 to 2015, he was Chief Financial Officer of Global Net Lease Inc, a NYSE listed real estate company. Prior to this he was a Managing Director in Morgan Stanley's global real estate investment business, serving as Global Head of Real Estate Finance & Portfolio Management.

Buzz West, Chairman, Kingswood, commented: "We are delighted that Patrick has joined the Board. His considerable experience in the international financial services industry 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."

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

Patrick Joseph Goulding aged 55, has been a director of the following companies during the five years preceding the date of this announcement:

 
 Current directorships   Past directorships 
----------------------  ------------------------------------------- 
 None                    KPI Newbridge Holdings Inc. 
                          ARC Global II S.à.r.l. 
                          ARC Global II (France) Holdings 
                          S.à.r.l. 
                          ARC Global II (Luxembourg) Holdings 
                          S.à.r.l. 
                          ARC Global II (Germany) Holdings 
                          S.à.r.l. 
                          ARC Global II (UK) Holdings S.à.r.l. 
                          ARC Global II (Netherlands) Holdings 
                          S.à.r.l. 
                          ARC Global II DB Lux S.à.r.l. 
                          ARC Global II Weilbach S.à.r.l. 
                          HC Glasgow S.à.r.l. 
                          Crown Portfolio S.à.r.l. 
                          OPCI ARC Global 
                          Tokmani MREC 
 

At the date of this announcement, Mr Goulding 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.

For further details, please contact:

 
 Kingswood Holdings Limited               [phone] 
 Marianne Ismail 
 
 finnCap Ltd (Nomad and Broker)           [phone] 
 Ed Frisby / Scott Mathieson / Anthony 
  Adams 
 
 Newgate Communications (for media)       [phone]; 
  Robin Tozer / Fiona Norman               [e-mail] 
 

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January 08, 2019 02:00 ET (07:00 GMT)