Kingswood Holdings Limited 

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

New Debt Facility

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.

Related Party Transaction

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, Kingswood Group CEO commented:

"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."

ENDS

For further details, please contact:

About 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 offers a range of trusted investment solutions to its clients, which range from private individuals to some of the UK's largest universities and institutions, including investment advice and management, personal and company pensions and wealth planning. Kingswood is focused on building on its position as a leading player in the wealth and investment management market through targeted acquisitions, creating a global business through strategic partnerships.

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (596/2014/EU) as it forms part of UK domestic law by virtue of the European Union (withdrawal) act 2018 ("MAR").