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
Andrew Henton, Chairman
Dowgate Wealth Limited (Portfolio Manager)
Laurence Hulse, Investment
Director
|
Tel: +44
(0)20 3416 9143
hello@dowgate.co.uk
Tel: +44
(0)20 3416 9143
hello@dowgate.co.uk
|
|
SEC
Newgate (Financial Communications)
Bob Huxford / Molly
Gretton
|
Tel: +44
(0) 203 757 6880
onward@secnewgate.co.uk
|
|
Apex Fund and Corporate Services (Guernsey) Limited (Company
Secretary)
James Taylor / Tanya
Kinnear
|
Tel: +44
(0) 203 5303 600
ool@apexgroup.com
|
|
Cavendish Capital Markets Limited (Nominated Adviser and Joint
Broker)
Ben Jeynes / Camilla Hume
|
Tel: +44
(0)20 7200 0500
|
|
Dowgate Capital Limited (Joint Broker)
Nicholas Chambers / Russell
Cook
|
Tel: +44
(0)20 3903 7715
|
|
|
|
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.
