REG - Onward Opportunities - Net Asset Value(s)

Onward OpportunitiesAnnouncement

04/02/2025 14:00

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RNS Number : 8766V  Onward Opportunities Limited  04 February 2025

4 February 2025

 

Onward Opportunities Limited

("Onward Opportunities" or the "Company")

 

 

Net Asset Value

 

Onward Opportunities announces that as at 31 January 2025, the unaudited net
asset value ("NAV") per ordinary share was 125.99 pence, a decrease of 2.61%
versus the previous month end.

 

The above NAV calculation is based on the Company's issued share capital as at
31 January 2025 of 23,979,754 ordinary shares of no par value.

 

For further information, please contact:

 

 Onward Opportunities Limited                                             Tel: +44 (0)20 3416 9143

 Andrew Henton, Chairman                                                  hello@dowgate.co.uk

 Dowgate Wealth Limited (Portfolio Manager)                               Tel: +44 (0)20 3416 9143

 Laurence Hulse, Investment Director                                      hello@dowgate.co.uk

 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 7200 0500

 Ben Jeynes / Camilla Hume

 Dowgate Capital Limited (Joint Broker)                                   Tel: +44 (0)20 3903 7715

 Nicholas Chambers / Russell Cook

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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