REG - Onward Opportunities - Amalgamation of Administrator

Onward OpportunitiesAnnouncement

03/02/2025 07:15

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RNS Number : 5023V  Onward Opportunities Limited  03 February 2025

3 February 2025

 

Onward Opportunities Limited

("Onward Opportunities" or the "Company")

 

Amalgamation of Administrator

 

The Company announces that, effective 31 January 2025, the Company's appointed
Administrator and Company Secretary, Apex Administration (Guernsey) Limited
(the "Administrator"), completed an amalgamation of corporate bodies pursuant
to Part VI of the Companies (Guernsey) Law, 2008 with Apex Fund and Corporate
Services (Guernsey) Limited (the "Amalgamation"). As a result of the
Amalgamation, the name of the Administrator and Company Secretary has changed
to Apex Fund and Corporate Services (Guernsey) Limited.  There are no further
material changes arising from the Amalgamation and all pre-existing
contractual arrangements in place between the Company and the Administrator
remain in force.

For further information, please contact:

 

 Onward Opportunities Limited                                             Tel: +44 (0) 203 5303 600

 Andrew Henton, Chairman                                                  ool@apexgroup.com

 Dowgate Wealth Limited (Portfolio Manager)                               Tel: +44 (0) 203 5303 600

 Laurence Hulse, Investment Director                                      ool@apexgroup.com

 SEC Newgate (Financial Communications)                                   Tel: +44 (0) 203 757 6880

 Bob Huxford / Molly Gretton                                              onward@secnewgate.co.uk

 Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary)  Tel: +44 (0) 203 5303 600

 James Taylor / Tanya Kinnear                                             ool@apexgroup.com

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)   Tel: +44 (0)20 7220 0500

 Ben Jeynes / Camilla Hume - Corporate Finance

 Michael Johnson / Chris West / Charlie Combe - Sales and ECM

 Dowgate Capital Limited (Joint Broker)                                   Tel: +44 (0)12 9351 7744

 Russell Cook / Nicholas Chambers

About Onward Opportunities

 

Onward Opportunities is an investment company focussed on the UK small cap
market, led by an Investment Committee and Lead Manager with over 160 years'
combined experience.

Onward has a clear investment strategy, to capitalise on the significant
valuation anomalies arising from a lack of investor information on UK small
and micro-cap stocks. Through its analysis, experience and deep understanding
of the UK Small Cap market, Onward Opportunities is able to identify these
anomalies, enabling investment in opportunities with superior potential
upside.

The investment philosophy is to focus on companies with competitive advantage,
strong management track record, balance sheet asset backing, attractive cash
flow potential and visibility of earnings. Investee companies will also have
scope for material potential valuation upside that can be delivered from
catalysing strategic, operational or management initiatives. Onward
Opportunities helps its portfolio companies realise this potential through
active engagement.

Since IPO in March 2023, the investment strategy and philosophy have proven
successful, consistently outperforming the AIM All Share Index. Onward
Opportunities' investment objective is to deliver a return on investments of
at least 2.0x invested capital over a three-to-five-year hold period,
aggregating into a total annualised return of at least 15% per annum.

 

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