TIDMKWG

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 
 
 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

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

 
         Details of PDMR / person closely associated 
     1 
          Name                       Paul Hammick 
     a) 
          -------------------------  ----------------------------------------------- 
          Reason for the notification 
     2. 
          -------------------------------------------------------------------------- 
          Position /                 Chief Risk Officer / PDMR 
     a)    Status 
          -------------------------  ----------------------------------------------- 
          Initial notification       Initial notification 
     b)    / Amendment 
          -------------------------  ----------------------------------------------- 
          Details of the issuer, emission allowance market participant, 
     3.    auction platform, auctioneer or auction monitor 
          -------------------------------------------------------------------------- 
          Name                       Kingswood Holdings Limited 
     a) 
          -------------------------  ----------------------------------------------- 
          LEI                        213800DX97OROHY26686 
     b) 
          -------------------------  ----------------------------------------------- 
          Details of the transaction(s): section to be repeated for 
     4     (i) each type of instrument; (ii) each type of transaction; 
           (iii) each date; and (iv) each place where transactions 
           have been conducted 
          -------------------------------------------------------------------------- 
          Description                Options over ordinary shares of 5 pence each in 
     a)    of the financial           the Company 
           instrument, 
           type of instrument         GG00BKY4K072 
           Identification 
           code 
          -------------------------  ----------------------------------------------- 
          Nature of                  Grant of options under the Kingswood Holdings 
     b)    the transaction            Limited Long Term Incentive Plan 
          -------------------------  ----------------------------------------------- 
          Price (pence)              Price(s)  Volume(s) 
     c)    and volume 
                                      16.5p     750,000 
          -------------------------  ----------------------------------------------- 
          Aggregated 
           information 
     d)     *    Aggregated volume   750,000 
     - Price (pence)                 16.5p 
     ------------------------------ 
          Date of the                21 August 2023 
     e)    transaction 
          -------------------------  ----------------------------------------------- 
          Place of the               Off market transaction 
     f)    transaction 
          -------------------------  -----------------------------------------------

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END

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August 21, 2023 12:00 ET (16:00 GMT)

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