Issue of Equity

Onward Opportunities Limited

("Onward Opportunities" or the "Company")

Legal Entity Identifier (LEI): 213800OP1Q2B3EO9LE92

Issue of Equity

On 30 April 2026, in response to additional investor demand, the Company issued 360,000 new ordinary shares of no par value at a price of 123.50 pence per share.

These shares rank pari passu with the existing ordinary shares in issue and they were issued at a premium to the estimated net asset value per share at the time of the transaction.

As a result of this issuance, the total number of ordinary shares in issue is 33,345,094 and the total number of voting rights in the Company is 33,345,094. There are no shares held in treasury.

The above figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

FOR FURTHER ENQUIRIES

Onward Opportunities Limited

Tel: +44 (0)20 3416 9143

Andrew Henton, Chair

[email protected]

Dowgate Wealth Limited (Portfolio Manager)

Tel: +44 (0)20 3416 9143

Laurence Hulse, Lead Fund Manager

[email protected]

Cavendish Capital Markets Limited

Tel: +44 (0)20 7220 0500

Ben Jeynes / Robert Peel / Seamus Fricker

Chris West / Daniel Balabanoff / Matt Lewis - Sales and ECM

Houston (PR advisers)

Tel: +44 (0)77 3303 2695

Charlie Barker / Nick Jackman 

[email protected]

NSM Funds Limited (Secretary)

Tel: +44 (0)1481 743030

[email protected]