Forward Partners Grp - Admission to AIM and first day of dealings

Forward Partners

19/07/2021 07:00

RNS Number : 5877F

Forward Partners Group PLC

19 July 2021

 

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FORWARD PARTNERS GROUP PLC

 

("Forward Partners", the "Company" or the "Group")

 

ADMISSION TO AIM AND FIRST DAY OF DEALINGS

 

Forward Partners (AIM: FWD), the London-based venture capital firm, specialising in supporting high growth, early-stage technology businesses, is pleased to announce the admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange. Admission will take place and dealings will commence at 8.00 a.m. today under the ticker FWD and the ISIN GB00BKPGBB09.

 

The Company's Admission Document is available to view on the Company's website at www.forwardpartners.com.

 

Liberum Capital Limited is acting as Nominated Adviser and sole broker in relation to the Admission.

 

Nic Brisbourne, Chief Executive Officer of Forward Partners, said: 

 

"Today is an exciting day for Forward Partners and a true testament to the hard work our team has put in helping exceptional entrepreneurs build extraordinary companies over the last eight years. We are thrilled to be listing in London, a global centre of technology, innovation and venture capital. It is a rarity to see retail investors accessing venture capital on equal terms as institutional investors and we are pleased to have delivered on our mission to democratise access to high growth, UK technology startups. As a public company, we can now provide long term support to startups who are finding solutions to the challenges that we face, providing a critical engine of growth to turbocharge the UK's economic recovery."

 

Enquiries:

 

FORWARD PARTNERS GROUP PLC
Via Maitland/AMO
Jonathan McKay, Non-Executive Chairman
Nicholas Gwyn Brisbourne (Nic), Chief Executive Officer
Matthew James Bradley, Chief Financial Officer (interim) and Chief Investment Officer
Liberum Capital Limited(Nominated Adviser and Sole Broker)
Tel: +44 20 3100 2222
Neil Patel
Lauren Kettle
Edward Phillips
Cara Murphy
Maitland/AMO(Public Relations)
forwardpartners@maitland.co.uk
Sam Turvey
Emma Burdett
Kate Pledger
Tel: +44 (0) 7827 836 246

 

Notes to editors:

 

Founded in 2013, Forward Partners is a well-established and respected London-based venture capital firm, specialising in supporting high growth, early-stage technology businesses.

 

The Group brings together venture capital provider Forward Ventures, equity-free revenue-based financing through Forward Advances and highly specialised growth support from Forward Studio. This model supports founders to build stronger businesses and meet strategic goals faster - ultimately aiming to provide better outcomes for companies and investors alike.

 

The Group has historically made 65 unique equity investments in early-stage, high growth UK companies (which includes Forward Advances), of which nine have been realised, and has built a portfolio that has an Initial Portfolio NAV of c.£103.0 million as of 31 March 2021. It holds an eight-year track record of making venture capital investments, with a Gross IRR of 25.4% over that period to 31 March 2021. The management team brings together highly experienced venture capitalists, entrepreneurs, and expert consultants. Since 2015, Forward Partners has been backed by BlackRock, one of the largest institutional investors in the world.

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