Results of 2023 Annual General Meeting

Forward Partners Group PLC

27 June 2023

 

Forward Partners Group plc

("Forward Partners" or "the Group")

Results of 2023 Annual General Meeting ("AGM")

Forward Partners Group plc (AIM: FWD), the London-based investment firm specialising in supporting high-growth, early-stage technology businesses is pleased to announce that, at the AGM held today, all resolutions as set out in the Notice of AGM dated 2 June 2023 were duly passed on a show of hands without amendment.

Details of proxy voting instructions, lodged prior to the AGM are set out below:

Resolution	Votes for	Votes against	Votes withheld	Votes in favour (%)*
Ordinary resolutions
1. To receive the Annual Report and Accounts of the Company for the financial year ended 31 December 2022.	107,717,446	0	0	100.00%
2. To re-elect Christopher Smith, as a Director of the Company.	107,716,926	520	0	100.00%
3. To re-appoint Grant Thornton UK LLP as auditor of the Company.	107,456,933	520	259,993	100.00%
4. To authorise the Audit Committee of the Company to determine the amount of the auditor's remuneration.	107,716,926	520	0	100.00%
5. To authorise the Directors to allot Relevant Securities.	107,716,926	520	0	100.00%
Special resolutions
6. To authorise the Directors to allot equity securities of Ordinary Shares for cash as if section 561(1) of the Companies Act 2006 did not apply to any such allotment.	107,454,516	2,937	259,993	100.00%
7. To authorise the directors in addition to any authority granted under resolution number 6, to allot equity securities (as defined in the Act) for cash.	107,454,516	262,930	0	99.76%
8. To authorise the Company to make market purchases of Ordinary Shares.	107,456,933	520	259,993	100.00%
9. To authorise the Directors to call a General Meeting other than an annual general meeting on not less than 14 clear days' notice.	107,716,426	1,020	0	100.00%

*Percentages are rounded to 2 decimal places

Notes

A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution. Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. As at 6:30 p.m. on 23 June 2023 (the time by which shareholders who wanted to attend, speak or vote at the AGM were entered onto the Register of Members) the issued share capital of the Company was 134,613,117 ordinary shares of 1p each. The total number of voting rights was therefore 134,613,117.

The Notice of AGM can be found on the Company's website at https://forwardpartners.com/investor-centre

ENDS

Enquiries

Forward Partners Group plc	Via Alma PR
Nic Brisbourne, CEO
Lloyd Smith, CFO and Company Secretary
Liberum Capital Limited	Tel: [phone]
(Nominated Adviser and Broker)
Chris Clarke
Lauren Kettle
Cara Murphy
Alma PR	Email: [e-mail]
(Financial PR Adviser)	Tel: [phone]
David Ison
Andy Bryant
Will Ellis Hancock

About Forward Partners

Founded in 2013, Forward Partners is an established and respected London-based venture capital firm, specialising in supporting high growth, early-stage technology businesses in the UK. It holds a ten-year track record of making venture capital investments and receives over 4,000 start-up funding applications every year.

The Group brings together venture capital with highly specialised growth support from Forward Studio. This model supports founders to build stronger businesses faster to provide better outcomes for companies and investors alike.

The management team brings together highly experienced venture capitalists, entrepreneurs, and expert consultants. Since 2015, Forward Partners has been backed by BlackRock, one of the largest institutional investors in the world.

For more information, visit www.forwardpartners.com.

 

END