Dear client
We have been notified that the HSQ is announce an offer to purchase the issued share capital of Kingswood that it does not currently own, for 7p per share HSQ is announcing an offer to purchase the issued share capital of Kingswood that it does not currently own, for 7p per share. HSQ acquired all of KPI's shares in Kingswood at a price of 7p per share on 13 March 2025. the acquisition of KPI's shares, HSQ currently owns 89.39% of Kingswood's issued share capital.
The offer secures the long-term future of Kingswood and provides all shareholders with the option of liquidity prior to the delisting.
The company acquired all of KPI's 144,125,262 ordinary shares in Kingswood on 13 March 2025 and, as a result, HSQ now owns 89.39% of Kingswood's issued share capital. Having acquired KPI's shares, HSQ confirms that it has requested that the Company cancel the admission to trading on AIM of the Kingswood Shares, with such cancellation proposed to take effect after Day 21 of the Offer. The cancellation date is currently anticipated to be on or around 17 April 2025.
The Kingswood will also make an application to the London Stock Exchange for the cancellation of admission of the Kingswood Shares to trading on AIM. Since the Kingswood Shares held by HSQ already represent approximately 89.39% of the Kingswood Shares at the Last Practicable Date, the De-Listing Application will not be subject to any minimum level of acceptance and will be unconditional when made It is anticipated that the De-Listing will take effect no earlier than 7:00 a.m. on 17 April 2025.
ISIN impacted: GG00BKY4K072
Please see the below link :
Please be aware there are currently no shareholders on the platform.
If you have any questions, please let us know.
Kind regards
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