Notice of GM

13 September 2019

KINGSWOOD HOLDINGS LIMITED

("KW", "Kingswood", the "Company" or the "Group")

Notice of General Meeting

Kingswood Holdings Limited (AIM: KWG), the integrated wealth management group, announces that a Circular and Notice of General Meeting relating to the proposed issue of Convertible Preference Shares announced on 12 September 2019 has been sent to the Company's shareholders and is available on the Company's website at www.kingswood-group.com. The General Meeting will be held at the offices of finnCap Ltd, 60 New Broad Street, London EC2M 1JJ at 10.00 a.m. on 30 September 2019.

The General Meeting has been convened to consider and, if thought fit, approve the Resolutions relating to the issue of the Convertible Preference Shares which include resolutions to amend the Company's Articles, to give the Directors authority to issue the Convertible Preference Shares (and the New Ordinary Shares that arise on the conversion of such Convertible Preference Shares) and to disapply pre-emption rights in connection with the issue of the Convertible Preference Shares.

Recommendation

The Board believes that the Resolutions to be proposed at the General Meeting are in the best interests of the Company and of Ordinary Shareholders. Accordingly, the Board unanimously recommends that Shareholders vote in favour of the Resolutions to be proposed at the General Meeting. The Directors (and certain of their connected persons) have irrevocably undertaken to vote in favour of the Resolutions at the General Meeting in respect of their respective individual holdings of Ordinary Shares, representing 71.2 per cent. of the Ordinary Shares in issue as at the date of this announcement.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as the definitions set out in Appendix II of the announcement dated 12 September 2019. 

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