KENNEDY-WILSON HOLDINGS, INC. (NYSE:KW) Files An 8-K Regulation FD Disclosure
ITEM 7.01. REGULATION FD
LSE: KWE) issued a release with respect to its payment of the
stock portion of the quarterly management fee due to KW
Investment Management Ltd., its external manager and a
wholly-owned subsidiary of Kennedy-Wilson Holdings, Inc. (the
Company). A copy of the release is furnished herewith as Exhibit
99.1
furnished and shall not be deemed to be filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended
(the Exchange Act), or otherwise subject to the liabilities of
that section, nor shall it be deemed to be incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act regardless of any general
incorporation language in such filing.
ordinary shares from KWE that KWE purchased in the open market,
as part payment of the quarterly management fee for the quarter
ended December 31, 2016. After such transactions, the Company
owns approximately 23.8% of the total issued share capital of
KWE. A wholly-owned subsidiary of the Company incorporated in
Jersey also serves as KWEs external manager to an investment
management agreement.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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99.1
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Kennedy Wilson Europe Real Estate plc RNS release dated
February 27, 2017. |
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About KENNEDY-WILSON HOLDINGS, INC. (NYSE:KW)
Kennedy-Wilson Holdings, Inc. is a global real estate investment company. The Company owns, operates and invests in real estate. The Company focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy and Japan. The Company also provides real estate services primarily to financial services clients. The Company operates in two business segments: KW Investments and KW Services. KW Investments invests its capital in real estate-related assets. KW Services provides an array of real estate-related services to the Company and its investment partners, third-party owners, and lenders, with a focus on financial institution based clients. KW Services has five main lines of business: investment management, property services, research, brokerage, and auction and conventional sales. The Company has an ownership interest in approximately 39 million square feet of property globally, including over 24,370 multifamily rental units. KENNEDY-WILSON HOLDINGS, INC. (NYSE:KW) Recent Trading Information
KENNEDY-WILSON HOLDINGS, INC. (NYSE:KW) closed its last trading session up +0.95 at 21.90 with 703,863 shares trading hands.