DIRECTOR DEALINGS: Kingswood CEO, Deputy Chair Partnership Buys Shares

(Alliance News) - Kingswood Holdings Ltd on Friday said KPI (Nominees) Ltd, an investment ...

Alliance News 24 January, 2020 | 4:03PM
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(Alliance News) - Kingswood Holdings Ltd on Friday said KPI (Nominees) Ltd, an investment partnership jointly owned by Kingswood's chief executive and its non-executive deputy chair, bought GBP50,577 worth of shares.

The shares were bought on Wednesday, with KPI now owning 143.2 million Kingswood shares or a 66% stake.

Under the deal, Non-Executive Deputy Chair Jonathan Massing and CEO Gary Wilder are both considered to have paid 18.325 pence per share for 138,000 shares in the wealth management firm, equivalent to GBP25,289 each.

Shares in Kingswood were down 5.3% at 18.00p each in London on Friday afternoon.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Kingswood Holding Ltd 24.10 GBX -8.71 -

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