Kingswood Announces Board Changes
Why we think this is neutral
This appears to be a routine regulatory announcement regarding the resignation of two non-executive directors from the Kingswood Holdings board. There are no indications of any material financial or operational impacts to the business.
Key Points
- Two non-executive directors have resigned from the Kingswood Holdings board
Summary
The wealth management firm announces the resignation of two non-executive directors following a change in shareholding.
Kingswood Holdings Limited (AIM: KWG) has announced that following the sale of the entire shareholding of KPI Nominees Ltd in Kingswood, both Jonathan Massing and Gary Wilder have resigned from the Board of the Company as non-executive directors with immediate effect.
GENERAL UPDATE