On April 30, 2012, Kingswalk Investments Limited announced that it had made an investment in European Wealth Management Group plc in exchange for a 33.33% stake.
On April 30, 2012, Kingswalk Investments Limited announced that it had acquired a 33.33% interest in European Wealth Management Group plc through the issue of 92,000,000 new Ordinary Shares. Kingswalk also announced that it has raised GBP700,000 through the issuance of 93,333,333 new Ordinary Shares, subject to shareholder approval. European Wealth is a London-based private wealth management company founded in 2010 and has approximately GBP 155 million in assets under management.
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