REG - Onward Opportunities - Update re Main Market Listing and Notice of AGM

Onward OpportunitiesAnnouncement

26/03/2026 11:30

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RNS Number : 2951Y  Onward Opportunities Limited  26 March 2026

26 March 2026

 

Onward Opportunities Limited

("Onward Opportunities" or the "Company")

 

Update re Main Market Listing

 

Notice of AGM

 

Onward Opportunities Limited, the UK smaller company focussed investment
company, is pleased to provide an update on its intended move to the Main
Market of the London Stock Exchange plc (the "Migration").

 

As previously announced, the Board believe the Migration is aligned with the
Company's growth ambitions and will broaden the Company's potential investor
base.

 

The Company is pleased to announce that preparations are well underway and
that admission to the closed-ended investment funds segment of the Official
List and commencement of trading on the Main Market of the London Stock
Exchange (the "Admission") will take place at 8:00 a.m. on 16 April 2026. At
that point, the Group's existing admission to trading on AIM will be
cancelled. As a result, the Company gives notice of the intended cancellation
of trading of its ordinary shares on AIM, in accordance with Rule 41 of the
AIM Rules for Companies.

 

Admission is subject to, inter alia, the approval by the FCA of a prospectus
and the ordinary shares being admitted by the FCA to the Official List and by
the London Stock Exchange to trading on the Main Market.

 

The Company is not offering any new Ordinary Shares nor any other securities
in connection with Admission. Following Admission, the Ordinary Shares will
continue to be registered with their existing ISIN of GG00BMZR1514 and the
TIDM will remain ONWD.

 

Notice of AGM

 

The Company also announces that its Annual General Meeting ("AGM") will be
held at 8:30 a.m. on 15 April 2026 at Les Echelons Court, Les Echelons, St
Peter Port, Guernsey GY1 1AR.

 

In addition to standard business to be put to the AGM, and in preparation for
the Migration, proposals will be put to the AGM to make consequential
non-material changes to: (a) the Company's investing policy; (b) the Company's
articles of association (the "Proposals").

 

The Notice of AGM, form of proxy and blacklined versions of the full text of
the proposed new investing policy and articles of incorporation to be put to
the AGM, will shortly be available on the Company's website at
www.onwardopportunities.co.uk (http://www.onwardopportunities.co.uk) .

 

The Directors consider the Proposals, which are required to enable the
Migration, to be in the best interests of Shareholders as a whole.
Accordingly, the Directors unanimously recommend that Shareholders vote in
favour of the resolutions, as they intend to do in respect of their own
shareholdings, which in aggregate total 190,156 ordinary shares in the capital
of the Company representing approximately 0.58 per cent. of the issued
ordinary share capital of the Company.

 

Whether or not shareholders propose to attend the AGM, the Board encourages
all shareholders to complete and submit a form of proxy in accordance with the
instructions detailed in the Notice of AGM.

 

Expected timetable of principal events

 

 Event                                                                                                                             Time and/or date
 Announcement of proposed Cancellation                                                                                             26 March 2026
 Last day of dealings in Ordinary Shares on                                                                                        15 April 2026
 AIM
 Expected time and date of Cancellation                                                                                            8:00 a.m. on 16 April 2026
 Listing on the Main Market of the London Stock Exchange                                                                           8:00 a.m. on 16 April 2026

Should the above times and dates change, the Company will issue a further
announcement, as appropriate.

 FOR FURTHER ENQUIRIES

 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, Lead Fund Manager                                 hello@dowgate.co.uk

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

 Ben Jeynes - Corporate Finance

 Chris West / Matt Lewis - Sales and Corporate Broking

 Houston (PR advisers)                                             Tel: +44 (0)77 3303 2695

 Charlie Barker / Nick Jackman                                     Onward@houston.co.uk

To find out more, please visit: www.onwardopportunities.co.uk
(http://www.onwardopportunities.co.uk)

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