Kingswood obtiene una nueva línea de crédito
Kingswood Holdings Limited
("Kingswood", the "Company" or the "Group")
Nueva Facilidad de Deuda
Kingswood Holdings Limited (AIM:KWG), the international, vertically integrated wealth and investment management group, announces a new £8.0m unsecured debt facility (the "Facility Agreement") with funds managed by Pollen Street Capital Limited ("Pollen Street"). The Facility Agreement will be used to support the Company's capital requirements and growth agenda. The headline terms of the Facility Agreement are:
- £8.0m facility;
- Expiry date of the earlier of 17 October 2030; and
- Interest rate of 12% rolled up and paid at maturity.
Transacción entre partes relacionadas
Kingswood is entering into the Facility Agreement with HSQ INVESTMENT LIMITED, a wholly owned indirect subsidiary of funds managed and/or advised by Pollen Street. Lindsey McMurray and Duncan Gerard are Non-Executive Directors of the Company and employees of Pollen Street. Accordingly, entering into the Facility Agreement constitutes a related party transaction under Rule 13 of the AIM Rules for Companies.
As such, the Directors of the Company (excluding Lindsey McMurray and Duncan Gerard) consider, having consulted with Cavendish Capital Market Limited, the Company's Nominated Adviser, that the terms of the Facility Agreement are fair and reasonable insofar as the Company's shareholders are concerned.
David Lawrence, director ejecutivo del Grupo Kingswood, comentó:
"Since their first investment in Kingswood in 2019, Pollen Street have been a great partner to the Company and this additional investment demonstrates a further positive commitment towards our ambition to build a leading business in the sector."
EXTREMOS
Para más detalles, póngase en contacto con:
Kingswood Holdings Limited | 44 0 20 7293 0730 |
David Lawrence | www.kingswood-group.com |
Cavendish Capital Markets Limited (Nomad & Broker) | 44 0 20 7220 0500 |
Simón Hicks / Abigail Kelly | |
Greentarget (para los medios de Kingswood) Jamie Brownlee / Ellie Basile | 44 0 20 7324 5498 |
Acerca de Kingswood
Kingswood Holdings Limited (trading as Kingswood) is an AIM-listed (AIM: KWG) international fully integrated wealth management group with circa £12 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 ofrece una gama de soluciones de inversión confiables a sus clientes, que van desde particulares hasta algunas de las universidades e instituciones más grandes del Reino Unido, que incluyen asesoramiento y gestión de inversiones, pensiones personales y de empresas y planificación patrimonial. Kingswood se centra en consolidar su posición como actor líder en el mercado de gestión de patrimonio e inversiones a través de adquisiciones específicas, creando un negocio global a través de asociaciones estratégicas.
Este anuncio contiene información privilegiada a los efectos del artículo 7 del Reglamento sobre abuso de mercado (596/2014/UE), ya que forma parte de la legislación nacional del Reino Unido en virtud de la ley de la Unión Europea (retirada) de 2018 ("MAR").
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