REG - Onward Opportunities - Result of AGM

Onward OpportunitiesAnnouncement

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RNS Number : 0248N  Onward Opportunities Limited  16 June 2025

ONWARD OPPORTUNITIES LIMITED

(the "Company")

 

(TICKER ONWD, ISIN: GG00BMZR1514)

Legal Entity Identifier: 213800OP1Q2B3EO9LE92

 

 

RESULT OF ANNUAL GENERAL MEETING

The Board of Directors of the Company announces that at the Annual General
Meeting ("AGM") of the Company held on 16 June 2025 all resolutions were
passed.

The votes received in respect of the resolutions were as follows:

 

 Resolution  For                Against       Total Votes                          % of Issued Share Capital Voted  Votes Withheld*
 1           1,067,614  100%    -      -      1,067,614                            4.16%                            -

 2           1,063,998  99.66%  3,616  0.34%  1,067,614                            4.16%                            -

 3           1,063,998  99.66%  3,616  0.34%  1,067,614                            4.16%                            -

 4           1,067,614  100%    -      -      1,067,614                            4.16%                            -
 5           1,065,395  99.79%  2,219  0.21%  1,067,614                            4.16%                            -

 6           1,065,395  99.79%  2,219  0.21%  1,067,614                            4.16%                            -

 7           1,065,395  99.79%  2,219  0.21%  1,067,614                            4.16%                            -

 8           1,067,614  100%    -      -      1,067,614                            4.16%                            -
 9           1,067,614  100%    -      -      1,067,614                            4.16%                            -

 

*A "vote withheld" is not a vote in law and is not counted towards the
proportion of votes "for" and "against" a resolution.

 

As at the date of the AGM, the number of ordinary shares in issue, and
therefore the total number of voting rights was 25,680,624.

 

For further information, please contact:

 

 Onward Opportunities Limited                                            Tel: +44 (0) 203 416 9143

 Andrew Henton, Chairman                                                 hello@dowgate.co.uk

 Dowgate Wealth Limited (Portfolio Manager)                              Tel: +44 (0) 203 416 9143

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

 NSM Funds Limited (Secretary)                                           Tel: +44 (0) 1481 743 030

                                                                         onwardopportunities@nsm.group

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0)20 7200 0500

 Ben Jeynes / Hamish Waller - Corporate Finance

 Matt Lewis / Chris West - Corporate Broking & Sales

 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.

 

 

 

END OF ANNOUNCEMENT

 

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